Sunbeam Capital Management LLC Takes $585,000 Position in Alerian MLP ETF $AMLP

Sunbeam Capital Management LLC purchased a new stake in Alerian MLP ETF (NYSEARCA:AMLP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,451 shares of the exchange traded fund’s stock, valued at approximately $585,000.

A number of other large investors have also bought and sold shares of the business. J2 Capital Management Inc boosted its position in Alerian MLP ETF by 4.2% during the 4th quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 218 shares during the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of Alerian MLP ETF by 1.1% in the 4th quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock valued at $914,000 after buying an additional 220 shares during the last quarter. Shepherd Kaplan Krochuk LLC boosted its holdings in shares of Alerian MLP ETF by 2.2% in the 3rd quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock valued at $510,000 after buying an additional 237 shares during the last quarter. Private Advisory Group LLC boosted its holdings in shares of Alerian MLP ETF by 5.6% in the 3rd quarter. Private Advisory Group LLC now owns 4,524 shares of the exchange traded fund’s stock valued at $212,000 after buying an additional 239 shares during the last quarter. Finally, Bogart Wealth LLC boosted its holdings in shares of Alerian MLP ETF by 4.4% in the 4th quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock valued at $269,000 after buying an additional 242 shares during the last quarter.

Alerian MLP ETF Trading Down 0.3%

NYSEARCA AMLP opened at $52.13 on Friday. The company has a market cap of $12.16 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $55.22. The stock has a 50 day moving average of $52.79 and a 200-day moving average of $50.84.

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).