Barry Investment Advisors LLC Has $6.23 Million Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)
Barry Investment Advisors LLC increased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 681,267 shares of the exchange traded fund’s stock after buying an additional 40,906 shares during the period. Alerian MLP ETF accounts for approximately 2.2% of Barry Investment Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Barry Investment Advisors LLC owned about 0.07% of Alerian MLP ETF worth $6,227,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of AMLP. Lindbrook Capital LLC acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at about $29,000. Phocas Financial Corp. acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at about $49,000. Citizens Financial Group Inc RI acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at about $65,000. Wealthcare Advisory Partners LLC grew its stake in shares of Alerian MLP ETF by 18.7% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,758 shares of the exchange traded fund’s stock valued at $67,000 after buying an additional 1,065 shares during the period. Finally, NEXT Financial Group Inc grew its stake in shares of Alerian MLP ETF by 197.6% in the 2nd quarter. NEXT Financial Group Inc now owns 7,411 shares of the exchange traded fund’s stock valued at $73,000 after buying an additional 4,921 shares during the period.
Shares of AMLP opened at $8.36 on Friday. The stock has a 50-day moving average of $8.85 and a 200-day moving average of $9.45. Alerian MLP ETF has a one year low of $8.27 and a one year high of $10.25.
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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