Alerian MLP ETF $AMLP Shares Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC decreased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,668 shares of the exchange traded fund’s stock after selling 2,001 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Alerian MLP ETF were worth $3,245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Auour Investments LLC raised its stake in Alerian MLP ETF by 1.2% during the first quarter. Auour Investments LLC now owns 18,171 shares of the exchange traded fund’s stock worth $877,000 after acquiring an additional 223 shares during the period. Fountainhead AM LLC increased its stake in shares of Alerian MLP ETF by 4.1% in the first quarter. Fountainhead AM LLC now owns 5,798 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 227 shares during the period. NBC Securities Inc. increased its stake in shares of Alerian MLP ETF by 1.1% in the second quarter. NBC Securities Inc. now owns 21,543 shares of the exchange traded fund’s stock valued at $1,052,000 after purchasing an additional 237 shares during the period. AE Wealth Management LLC increased its stake in shares of Alerian MLP ETF by 7.3% in the first quarter. AE Wealth Management LLC now owns 3,622 shares of the exchange traded fund’s stock valued at $188,000 after purchasing an additional 246 shares during the period. Finally, Arlington Trust Co LLC increased its stake in shares of Alerian MLP ETF by 8.5% in the second quarter. Arlington Trust Co LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $157,000 after purchasing an additional 250 shares during the period.

Alerian MLP ETF Trading Up 0.4%

Shares of NYSEARCA:AMLP opened at $45.63 on Monday. The firm’s 50 day moving average is $47.36 and its two-hundred day moving average is $48.10. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24. The firm has a market capitalization of $10.02 billion, a P/E ratio of 14.17 and a beta of 1.42.

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.