Investment House LLC Has $672,000 Position in Alerian MLP ETF (NYSEARCA:AMLP)

Investment House LLC lowered its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 69.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,810 shares of the exchange traded fund’s stock after selling 35,776 shares during the quarter. Investment House LLC’s holdings in Alerian MLP ETF were worth $672,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Provence Wealth Management Group acquired a new stake in Alerian MLP ETF during the 3rd quarter worth approximately $31,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Alerian MLP ETF in the fourth quarter valued at about $39,000. Friedenthal Financial acquired a new position in shares of Alerian MLP ETF during the fourth quarter worth about $54,000. Signaturefd LLC bought a new position in shares of Alerian MLP ETF during the fourth quarter worth about $77,000. Finally, Global Trust Asset Management LLC raised its position in Alerian MLP ETF by 32.3% in the 4th quarter. Global Trust Asset Management LLC now owns 2,050 shares of the exchange traded fund’s stock valued at $87,000 after buying an additional 500 shares during the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA AMLP opened at $47.54 on Tuesday. The stock has a market capitalization of $8.46 billion, a price-to-earnings ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a 52 week low of $37.06 and a 52 week high of $48.48. The stock’s 50 day moving average price is $46.77 and its two-hundred day moving average price is $44.31.

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.