BKA Wealth Consulting Inc. Buys 511 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

BKA Wealth Consulting Inc. boosted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,607 shares of the exchange traded fund’s stock after purchasing an additional 511 shares during the period. Alerian MLP ETF comprises about 0.8% of BKA Wealth Consulting Inc.’s investment portfolio, making the stock its 23rd biggest position. BKA Wealth Consulting Inc.’s holdings in Alerian MLP ETF were worth $579,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Madison Park Capital Advisors LLC acquired a new stake in shares of Alerian MLP ETF during the 4th quarter worth approximately $5,565,000. Shikiar Asset Management Inc. grew its holdings in Alerian MLP ETF by 6.7% during the 4th quarter. Shikiar Asset Management Inc. now owns 153,395 shares of the exchange traded fund’s stock worth $6,522,000 after acquiring an additional 9,620 shares in the last quarter. CWM LLC grew its position in shares of Alerian MLP ETF by 130.5% during the 4th quarter. CWM LLC now owns 12,316 shares of the exchange traded fund’s stock valued at $524,000 after buying an additional 6,972 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its stake in Alerian MLP ETF by 44.6% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 192,248 shares of the exchange traded fund’s stock valued at $8,174,000 after purchasing an additional 59,313 shares during the period. Finally, Signaturefd LLC acquired a new stake in shares of Alerian MLP ETF in the 4th quarter worth approximately $77,000.

Alerian MLP ETF Trading Down 0.5 %

Shares of NYSEARCA AMLP traded down $0.23 during midday trading on Thursday, reaching $47.27. The company’s stock had a trading volume of 319,875 shares, compared to its average volume of 1,252,847. The company has a market cap of $8.41 billion, a price-to-earnings ratio of 12.87 and a beta of 0.51. The company has a 50 day moving average price of $46.60 and a 200 day moving average price of $44.18. Alerian MLP ETF has a one year low of $37.06 and a one year high of $48.48.

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.