79,809 Shares in Alerian MLP ETF $AMLP Bought by Surience Private Wealth LLC

Surience Private Wealth LLC acquired a new position in Alerian MLP ETF (NYSEARCA:AMLP) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 79,809 shares of the exchange traded fund’s stock, valued at approximately $4,201,000. Alerian MLP ETF accounts for approximately 4.5% of Surience Private Wealth LLC’s investment portfolio, making the stock its 7th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Empirical Asset Management LLC acquired a new stake in shares of Alerian MLP ETF during the 3rd quarter worth approximately $735,000. Evexia Wealth LLC grew its stake in Alerian MLP ETF by 76.6% during the 4th quarter. Evexia Wealth LLC now owns 34,676 shares of the exchange traded fund’s stock worth $1,703,000 after buying an additional 15,039 shares during the last quarter. Citigroup Inc. increased its position in Alerian MLP ETF by 19.1% in the third quarter. Citigroup Inc. now owns 163,874 shares of the exchange traded fund’s stock worth $7,691,000 after buying an additional 26,242 shares during the period. Hollow Brook Wealth Management LLC acquired a new stake in Alerian MLP ETF in the third quarter worth $817,000. Finally, Chickasaw Capital Management LLC acquired a new stake in Alerian MLP ETF in the fourth quarter worth $449,000.

Alerian MLP ETF Stock Performance

AMLP stock opened at $50.39 on Thursday. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22. The stock has a market capitalization of $11.75 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The stock’s fifty day moving average is $52.55 and its two-hundred day moving average is $51.05.

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).