Perigon Wealth Management LLC raised its position in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,089 shares of the exchange traded fund’s stock after acquiring an additional 2,476 shares during the quarter. Perigon Wealth Management LLC’s holdings in Alerian MLP ETF were worth $2,012,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake in Alerian MLP ETF in the third quarter valued at $28,000. Massmutual Trust Co. FSB ADV acquired a new stake in Alerian MLP ETF in the third quarter valued at $40,000. City State Bank bought a new position in shares of Alerian MLP ETF in the fourth quarter valued at about $40,000. ORG Wealth Partners LLC bought a new position in shares of Alerian MLP ETF in the third quarter valued at about $41,000. Finally, Advisors Asset Management Inc. bought a new position in shares of Alerian MLP ETF in the third quarter valued at about $65,000.
Alerian MLP ETF Price Performance
Shares of AMLP opened at $51.90 on Thursday. The firm has a market capitalization of $9.34 billion, a PE ratio of 13.08 and a beta of 0.48. The company’s 50-day moving average is $49.64 and its 200-day moving average is $48.08. Alerian MLP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $52.82.
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.
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