Alerian MLP ETF $AMLP Stock: Commonwealth Equity Services LLC Grows Holdings

Commonwealth Equity Services LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 11.9% during the 3rd quarter, Holdings Channel reports. The firm owned 871,610 shares of the exchange traded fund’s stock after purchasing an additional 92,785 shares during the period. Commonwealth Equity Services LLC’s holdings in Alerian MLP ETF were worth $45,210,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of AMLP. Cowa LLC grew its holdings in Alerian MLP ETF by 1.9% during the 3rd quarter. Cowa LLC now owns 76,162 shares of the exchange traded fund’s stock worth $3,951,000 after acquiring an additional 1,448 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of Alerian MLP ETF by 10.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 79,867 shares of the exchange traded fund’s stock valued at $4,244,000 after acquiring an additional 7,629 shares during the last quarter. Provenance Wealth Advisors LLC raised its position in shares of Alerian MLP ETF by 2.1% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 12,128 shares of the exchange traded fund’s stock valued at $629,000 after acquiring an additional 248 shares during the last quarter. Putney Financial Group LLC acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at $113,000. Finally, Integrity Advisory Solutions LLC lifted its stake in shares of Alerian MLP ETF by 10.9% in the 3rd quarter. Integrity Advisory Solutions LLC now owns 7,692 shares of the exchange traded fund’s stock valued at $399,000 after purchasing an additional 755 shares during the period.

Alerian MLP ETF Stock Up 0.4%

AMLP stock opened at $50.24 on Friday. Alerian MLP ETF has a twelve month low of $46.04 and a twelve month high of $56.43. The company has a market cap of $12.08 billion, a P/E ratio of 14.17 and a beta of 0.53. The business’s fifty day moving average is $53.54 and its 200-day moving average is $52.90.

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).