B. Riley Wealth Advisors Inc. Purchases 34,840 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

B. Riley Wealth Advisors Inc. grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLPGet Rating) by 350.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 44,792 shares of the exchange traded fund’s stock after buying an additional 34,840 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Alerian MLP ETF were worth $1,638,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AMLP. Ancora Advisors LLC boosted its position in shares of Alerian MLP ETF by 114.3% during the first quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 640 shares during the last quarter. Chilton Capital Management LLC purchased a new position in shares of Alerian MLP ETF during the second quarter valued at approximately $40,000. Signature Securities Group Corporation purchased a new position in shares of Alerian MLP ETF during the third quarter valued at approximately $40,000. Centiva Capital LP purchased a new position in shares of Alerian MLP ETF during the second quarter valued at approximately $61,000. Finally, Pinnacle Bancorp Inc. purchased a new position in shares of Alerian MLP ETF during the third quarter valued at approximately $91,000.

Alerian MLP ETF Stock Down 0.9 %

Shares of NYSEARCA:AMLP opened at $37.04 on Friday. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of 13.30 and a beta of 1.46. Alerian MLP ETF has a 12-month low of $32.25 and a 12-month high of $42.47. The business’s 50 day moving average is $39.66 and its 200 day moving average is $39.30.

About Alerian MLP ETF

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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.

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Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLPGet Rating).

Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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