RFG Advisory LLC Sells 1,525 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

RFG Advisory LLC lowered its position in Alerian MLP ETF (NYSEARCA:AMLP) by 16.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,804 shares of the exchange traded fund’s stock after selling 1,525 shares during the quarter. RFG Advisory LLC’s holdings in Alerian MLP ETF were worth $376,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AMLP. Ashton Thomas Securities LLC acquired a new position in Alerian MLP ETF in the third quarter worth about $28,000. City State Bank acquired a new position in shares of Alerian MLP ETF in the 4th quarter worth approximately $40,000. Massmutual Trust Co. FSB ADV bought a new position in shares of Alerian MLP ETF during the 3rd quarter worth approximately $40,000. ORG Wealth Partners LLC bought a new stake in Alerian MLP ETF in the third quarter valued at $41,000. Finally, Advisors Asset Management Inc. bought a new stake in Alerian MLP ETF in the third quarter valued at $65,000.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $51.11 on Tuesday. The business has a fifty day moving average of $49.51 and a two-hundred day moving average of $48.03. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $52.82. The stock has a market cap of $9.19 billion, a PE ratio of 13.08 and a beta of 0.48.

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.