Trivium Point Advisory LLC Purchases 39,880 Shares of Alerian MLP ETF $AMLP

Trivium Point Advisory LLC raised its position in Alerian MLP ETF (NYSEARCA:AMLP) by 16.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 287,063 shares of the exchange traded fund’s stock after buying an additional 39,880 shares during the quarter. Alerian MLP ETF accounts for 1.4% of Trivium Point Advisory LLC’s holdings, making the stock its 12th biggest holding. Trivium Point Advisory LLC owned 0.13% of Alerian MLP ETF worth $13,498,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. REAP Financial Group LLC lifted its position in Alerian MLP ETF by 2,000.0% during the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 500 shares during the period. GAMMA Investing LLC raised its holdings in shares of Alerian MLP ETF by 213.9% during the 3rd 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. Flagship Harbor Advisors LLC acquired a new position in shares of Alerian MLP ETF during the 4th quarter worth $43,000. 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 worth $44,000 after buying an additional 545 shares during the last quarter. Finally, HM Payson & Co. bought a new stake in shares of Alerian MLP ETF during the 3rd quarter worth $47,000.

Alerian MLP ETF Stock Up 0.6%

Alerian MLP ETF stock opened at $51.65 on Friday. The stock has a market cap of $12.00 billion, a PE ratio of 14.17 and a beta of 0.56. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $54.20. The business’s 50-day moving average price is $52.14 and its two-hundred day moving average price is $49.06.

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. 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).