Raab & Moskowitz Asset Management LLC Grows Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Raab & Moskowitz Asset Management LLC grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,592 shares of the exchange traded fund’s stock after buying an additional 244 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Alerian MLP ETF were worth $748,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Provence Wealth Management Group purchased a new position in shares of Alerian MLP ETF in the third quarter valued at $31,000. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Alerian MLP ETF in the fourth quarter valued at $39,000. Friedenthal Financial purchased a new position in shares of Alerian MLP ETF in the fourth quarter valued at $54,000. Signaturefd LLC purchased a new position in shares of Alerian MLP ETF in the fourth quarter valued at $77,000. Finally, Headlands Technologies LLC bought a new position in Alerian MLP ETF during the 3rd quarter valued at $87,000.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $47.52 on Friday. Alerian MLP ETF has a 12 month low of $37.06 and a 12 month high of $48.48. The company has a market capitalization of $8.46 billion, a price-to-earnings ratio of 12.87 and a beta of 0.51. The company’s fifty day moving average price is $46.71 and its two-hundred day moving average price is $44.26.

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.