Corient Private Wealth LLC Has $6 Million Position in Alerian MLP ETF $AMLP

Corient Private Wealth LLC increased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 11.5% in the fourth quarter, Holdings Channel reports. The firm owned 127,503 shares of the exchange traded fund’s stock after buying an additional 13,148 shares during the quarter. Corient Private Wealth LLC’s holdings in Alerian MLP ETF were worth $5,995,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of Alerian MLP ETF by 19.4% in the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after buying an additional 7,280 shares during the period. Qube Research & Technologies Ltd raised its holdings in shares of Alerian MLP ETF by 16.4% during the second quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock worth $6,898,000 after acquiring an additional 19,916 shares during the period. Sei Investments Co. bought a new position in Alerian MLP ETF during the 2nd quarter worth about $623,000. Diversify Advisory Services LLC bought a new stake in shares of Alerian MLP ETF in the second quarter valued at about $224,000. Finally, Quantinno Capital Management LP raised its position in Alerian MLP ETF by 63.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock valued at $2,481,000 after buying an additional 19,678 shares during the last quarter.

Alerian MLP ETF Stock Up 1.4%

NYSEARCA AMLP opened at $51.10 on Friday. The company has a market capitalization of $11.92 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.22. The firm’s 50 day moving average is $52.54 and its 200-day moving average is $51.07.

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. 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).