FFG Retirement Advisors LLC Has $3.12 Million Stake in Alerian MLP ETF $AMLP

FFG Retirement Advisors LLC lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 46.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 60,128 shares of the exchange traded fund’s stock after purchasing an additional 18,960 shares during the quarter. FFG Retirement Advisors LLC’s holdings in Alerian MLP ETF were worth $3,118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in AMLP. Mayfair Advisory Group LLC lifted its holdings in Alerian MLP ETF by 3.4% during the 1st quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock valued at $320,000 after purchasing an additional 200 shares during the last quarter. Noesis Capital Mangement Corp boosted its position in Alerian MLP ETF by 3.0% during the first quarter. Noesis Capital Mangement Corp now owns 6,900 shares of the exchange traded fund’s stock worth $363,000 after purchasing an additional 200 shares during the period. Bogart Wealth LLC increased its holdings in shares of Alerian MLP ETF by 4.4% in the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 242 shares during the last quarter. J. L. Bainbridge & Co. Inc. increased its holdings in shares of Alerian MLP ETF by 5.0% in the first quarter. J. L. Bainbridge & Co. Inc. now owns 5,680 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 271 shares during the last quarter. Finally, Keudell Morrison Wealth Management increased its holdings in shares of Alerian MLP ETF by 5.2% in the first quarter. Keudell Morrison Wealth Management now owns 5,577 shares of the exchange traded fund’s stock valued at $294,000 after purchasing an additional 275 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $55.05 on Tuesday. The company’s 50-day moving average is $53.02 and its 200-day moving average is $52.46. The firm has a market capitalization of $12.94 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.62.

About Alerian MLP ETF

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).