OneAscent Family Office LLC Makes New Investment in Alerian MLP ETF $AMLP

OneAscent Family Office LLC purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,775 shares of the exchange traded fund’s stock, valued at approximately $506,000.

Several other large investors also recently modified their holdings of the company. Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Alerian MLP ETF in the 2nd quarter worth $29,000. Manchester Capital Management LLC purchased a new stake in Alerian MLP ETF in the second quarter worth about $29,000. GAMMA Investing LLC increased its position in Alerian MLP ETF by 213.9% in the third quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 445 shares in the last quarter. Crews Bank & Trust bought a new position in shares of Alerian MLP ETF in the second quarter worth about $39,000. Finally, MJT & Associates Financial Advisory Group Inc. lifted its position in shares of Alerian MLP ETF by 136.3% during the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 545 shares in the last quarter.

Alerian MLP ETF Trading Up 0.1%

Shares of NYSEARCA:AMLP opened at $49.25 on Monday. The stock has a 50 day moving average of $47.60 and a 200 day moving average of $47.63. The company has a market cap of $11.04 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).