Balefire LLC Has $3.99 Million Holdings in Alerian MLP ETF $AMLP

Balefire LLC decreased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 17.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,865 shares of the exchange traded fund’s stock after selling 16,310 shares during the quarter. Alerian MLP ETF accounts for approximately 0.7% of Balefire LLC’s holdings, making the stock its 27th largest holding. Balefire LLC’s holdings in Alerian MLP ETF were worth $3,994,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Global Trust Asset Management LLC lifted its position in Alerian MLP ETF by 600.0% during the 1st quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 600 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Alerian MLP ETF in the 4th quarter valued at about $43,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Alerian MLP ETF by 800.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,000 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Alerian MLP ETF in the fourth quarter valued at about $57,000. Finally, Palladiem LLC acquired a new stake in shares of Alerian MLP ETF in the fourth quarter valued at about $60,000.

Alerian MLP ETF Stock Performance

AMLP opened at $54.03 on Monday. The business’s 50-day simple moving average is $52.64 and its 200 day simple moving average is $51.70. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $55.22. The firm has a market capitalization of $12.73 billion, a PE ratio of 14.17 and a beta of 0.50.

Alerian MLP ETF Company Profile

ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).