Stratos Wealth Partners LTD. Buys 8,266 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Stratos Wealth Partners LTD. boosted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 23.0% during the fourth quarter, Holdings Channel reports. The firm owned 44,278 shares of the exchange traded fund’s stock after purchasing an additional 8,266 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Alerian MLP ETF were worth $2,132,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new position in shares of Alerian MLP ETF in the 3rd quarter worth $28,000. City State Bank purchased a new position in Alerian MLP ETF in the fourth quarter worth about $40,000. ORG Wealth Partners LLC bought a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at about $41,000. Advisors Asset Management Inc. purchased a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at about $65,000. Finally, Rosenberg Matthew Hamilton increased its position in shares of Alerian MLP ETF by 803.5% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 1,374 shares during the last quarter.

Alerian MLP ETF Trading Down 0.3 %

AMLP opened at $52.18 on Friday. The company’s 50 day moving average is $49.98 and its 200 day moving average is $48.25. The company has a market cap of $9.39 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12-month low of $43.02 and a 12-month high of $53.24.

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.