Atomi Financial Group Inc. Boosts Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Atomi Financial Group Inc. grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 17.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,828 shares of the exchange traded fund’s stock after acquiring an additional 2,678 shares during the quarter. Atomi Financial Group Inc.’s holdings in Alerian MLP ETF were worth $859,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in AMLP. Ashton Thomas Securities LLC acquired a new stake in Alerian MLP ETF in the third quarter valued at approximately $28,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Alerian MLP ETF in the 3rd quarter worth $40,000. City State Bank purchased a new position in Alerian MLP ETF during the 4th quarter worth $40,000. ORG Wealth Partners LLC acquired a new position in Alerian MLP ETF during the 3rd quarter valued at about $41,000. Finally, Advisors Asset Management Inc. purchased a new stake in Alerian MLP ETF in the third quarter valued at about $65,000.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $51.95 on Thursday. Alerian MLP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $52.82. The company has a market cap of $9.34 billion, a PE ratio of 13.08 and a beta of 0.48. The business has a 50-day simple moving average of $49.27 and a two-hundred day simple 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.