Prevail Innovative Wealth Advisors LLC Has $2.87 Million Stock Position in Alerian MLP ETF $AMLP

Prevail Innovative Wealth Advisors LLC grew its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 27.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,990 shares of the exchange traded fund’s stock after purchasing an additional 13,136 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $2,868,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in AMLP. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Alerian MLP ETF by 14,563.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock valued at $60,625,000 after purchasing an additional 1,280,552 shares during the period. Orion Porfolio Solutions LLC raised its holdings in shares of Alerian MLP ETF by 326.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock valued at $50,800,000 after purchasing an additional 795,787 shares during the period. Assetmark Inc. raised its holdings in shares of Alerian MLP ETF by 1,024.7% during the third quarter. Assetmark Inc. now owns 716,978 shares of the exchange traded fund’s stock valued at $33,648,000 after purchasing an additional 653,230 shares during the period. US Bancorp DE raised its holdings in shares of Alerian MLP ETF by 57.6% during the third quarter. US Bancorp DE now owns 1,197,958 shares of the exchange traded fund’s stock valued at $56,220,000 after purchasing an additional 437,947 shares during the period. Finally, Thrivent Financial for Lutherans raised its holdings in shares of Alerian MLP ETF by 1,508.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock valued at $19,116,000 after purchasing an additional 381,190 shares during the period.

Alerian MLP ETF Trading Down 0.8%

Shares of NYSEARCA AMLP opened at $54.40 on Thursday. The firm’s 50-day moving average price is $52.76 and its 200-day moving average price is $50.14. Alerian MLP ETF has a 1-year low of $44.64 and a 1-year high of $55.22. The firm has a market capitalization of $12.69 billion, a P/E ratio of 14.17 and a beta of 0.52.

Alerian MLP ETF Company 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).