Continental Advisors LLC Decreases Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Continental Advisors LLC reduced its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,723 shares of the exchange traded fund’s stock after selling 3,500 shares during the period. Alerian MLP ETF accounts for about 1.8% of Continental Advisors LLC’s holdings, making the stock its 15th biggest position. Continental Advisors LLC’s holdings in Alerian MLP ETF were worth $3,984,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Park Avenue Securities LLC grew its holdings in shares of Alerian MLP ETF by 38.8% during the fourth quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after buying an additional 9,088 shares during the last quarter. Edgemoor Investment Advisors Inc. acquired a new position in shares of Alerian MLP ETF in the fourth quarter valued at approximately $214,000. Fisher Asset Management LLC purchased a new stake in shares of Alerian MLP ETF during the fourth quarter worth approximately $211,000. Strategic Financial Concepts LLC acquired a new stake in shares of Alerian MLP ETF during the fourth quarter worth $27,000. Finally, Samalin Investment Counsel LLC grew its position in Alerian MLP ETF by 19.3% in the 4th quarter. Samalin Investment Counsel LLC now owns 43,667 shares of the exchange traded fund’s stock valued at $2,103,000 after buying an additional 7,059 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of Alerian MLP ETF stock opened at $47.63 on Tuesday. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24. The company has a market cap of $9.91 billion, a P/E ratio of 13.17 and a beta of 0.99. The firm has a fifty day moving average of $50.28 and a two-hundred day moving average of $49.52.

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.