Pandora Wealth Inc. Has $220,000 Stock Holdings in Alerian MLP ETF $AMLP

Pandora Wealth Inc. lessened its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 18.2% during the second quarter, HoldingsChannel reports. The firm owned 4,500 shares of the exchange traded fund’s stock after selling 1,000 shares during the quarter. Pandora Wealth Inc.’s holdings in Alerian MLP ETF were worth $220,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Nova Wealth Management Inc. acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at $28,000. Headlands Technologies LLC acquired a new stake in shares of Alerian MLP ETF in the 1st quarter valued at $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Alerian MLP ETF in the 1st quarter valued at $34,000. Copia Wealth Management acquired a new stake in shares of Alerian MLP ETF in the 1st quarter valued at $38,000. Finally, Crews Bank & Trust acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at $39,000.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $44.68 on Monday. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The company has a market cap of $9.78 billion, a PE ratio of 14.17 and a beta of 1.42. The stock’s fifty day moving average price is $47.73 and its two-hundred day moving average price is $48.33.

About Alerian MLP ETF

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.