Whalen Wealth Management Inc. Has $1.08 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Whalen Wealth Management Inc. boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,450 shares of the exchange traded fund’s stock after buying an additional 281 shares during the period. Alerian MLP ETF makes up approximately 0.7% of Whalen Wealth Management Inc.’s investment portfolio, making the stock its 24th largest position. Whalen Wealth Management Inc.’s holdings in Alerian MLP ETF were worth $1,081,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Avior Wealth Management LLC lifted its holdings in shares of Alerian MLP ETF by 13.4% in the fourth quarter. Avior Wealth Management LLC now owns 11,086 shares of the exchange traded fund’s stock worth $534,000 after acquiring an additional 1,311 shares during the last quarter. Lake Hills Wealth Management LLC lifted its stake in Alerian MLP ETF by 4.8% in the 4th quarter. Lake Hills Wealth Management LLC now owns 160,882 shares of the exchange traded fund’s stock valued at $7,748,000 after purchasing an additional 7,341 shares during the last quarter. GoalVest Advisory LLC boosted its position in Alerian MLP ETF by 1.1% in the fourth quarter. GoalVest Advisory LLC now owns 24,714 shares of the exchange traded fund’s stock valued at $1,190,000 after buying an additional 271 shares in the last quarter. Madison Park Capital Advisors LLC grew its stake in shares of Alerian MLP ETF by 5.3% during the fourth quarter. Madison Park Capital Advisors LLC now owns 134,715 shares of the exchange traded fund’s stock worth $6,488,000 after buying an additional 6,832 shares during the last quarter. Finally, Sterling Investment Management LLC increased its holdings in shares of Alerian MLP ETF by 43.9% during the fourth quarter. Sterling Investment Management LLC now owns 31,124 shares of the exchange traded fund’s stock worth $1,499,000 after buying an additional 9,502 shares in the last quarter.

Alerian MLP ETF Stock Performance

Shares of AMLP opened at $51.95 on Thursday. The stock has a market capitalization of $9.34 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $43.02 and a 52 week high of $52.82. The stock has a fifty day moving average of $49.27 and a 200-day moving average of $47.96.

Alerian MLP ETF 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.