Alerian MLP ETF $AMLP Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 121.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,583 shares of the exchange traded fund’s stock after acquiring an additional 10,193 shares during the period. Mutual Advisors LLC’s holdings in Alerian MLP ETF were worth $872,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Orion Porfolio Solutions LLC raised its holdings in Alerian MLP ETF by 326.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock worth $50,800,000 after purchasing an additional 795,787 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Alerian MLP ETF by 60.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 856,674 shares of the exchange traded fund’s stock worth $41,857,000 after buying an additional 322,729 shares in the last quarter. TRUE Private Wealth Advisors boosted its stake in Alerian MLP ETF by 3,254.0% during the second quarter. TRUE Private Wealth Advisors now owns 330,398 shares of the exchange traded fund’s stock valued at $16,143,000 after buying an additional 320,547 shares in the last quarter. RS Crum Inc. acquired a new position in Alerian MLP ETF during the second quarter worth about $14,966,000. Finally, Thrivent Financial for Lutherans grew its holdings in Alerian MLP ETF by 1,100.8% during the second quarter. Thrivent Financial for Lutherans now owns 329,183 shares of the exchange traded fund’s stock worth $16,084,000 after acquiring an additional 301,769 shares during the period.

Alerian MLP ETF Trading Up 0.6%

Shares of NYSEARCA AMLP opened at $50.62 on Thursday. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24. The company has a market capitalization of $11.41 billion, a price-to-earnings ratio of 14.17 and a beta of 0.70. The firm has a 50-day moving average of $48.09 and a two-hundred day moving average of $47.71.

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).