Geneos Wealth Management Inc. Has $76,000 Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Geneos Wealth Management Inc. boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 159.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,570 shares of the exchange traded fund’s stock after buying an additional 965 shares during the period. Geneos Wealth Management Inc.’s holdings in Alerian MLP ETF were worth $76,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Ashton Thomas Securities LLC acquired a new position in shares of Alerian MLP ETF in the third quarter valued at approximately $28,000. City State Bank acquired a new position in Alerian MLP ETF in the 4th quarter valued at $40,000. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF during the 3rd quarter worth $40,000. ORG Wealth Partners LLC acquired a new stake in shares of Alerian MLP ETF during the third quarter worth $41,000. Finally, Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF in the third quarter valued at about $65,000.

Alerian MLP ETF Stock Down 1.1 %

Shares of Alerian MLP ETF stock opened at $51.57 on Friday. The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a twelve month low of $43.02 and a twelve month high of $52.82. The company has a 50-day simple moving average of $49.74 and a two-hundred day simple moving average of $48.13.

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.