Alerian MLP ETF $AMLP Shares Sold by Global Retirement Partners LLC

Global Retirement Partners LLC lessened its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 35.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,937 shares of the exchange traded fund’s stock after selling 35,588 shares during the quarter. Global Retirement Partners LLC’s holdings in Alerian MLP ETF were worth $3,053,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. REAP Financial Group LLC raised its stake in shares of Alerian MLP ETF by 2,000.0% in the 3rd quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter valued at about $43,000. Whittier Trust Co. of Nevada Inc. grew its position in shares of Alerian MLP ETF by 800.0% during 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 buying an additional 1,000 shares during the last quarter. BROOKFIELD Corp ON bought a new stake in shares of Alerian MLP ETF during the 2nd quarter valued at about $65,000. Finally, First Horizon Corp grew its position in shares of Alerian MLP ETF by 396.7% during the 4th quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 1,190 shares during the last quarter.

Alerian MLP ETF Stock Up 0.6%

Shares of NYSEARCA:AMLP opened at $54.52 on Friday. Alerian MLP ETF has a fifty-two week low of $44.64 and a fifty-two week high of $55.22. The firm has a 50-day simple moving average of $52.85 and a 200 day simple moving average of $50.23. The company has a market cap of $12.72 billion, a PE ratio of 14.17 and a beta of 0.52.

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).