International Assets Investment Management LLC Sells 2,296 Shares of Alerian MLP ETF $AMLP

International Assets Investment Management LLC lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 7.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 30,600 shares of the exchange traded fund’s stock after selling 2,296 shares during the quarter. International Assets Investment Management LLC’s holdings in Alerian MLP ETF were worth $1,495,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMLP. Allen Investment Management LLC lifted its position in Alerian MLP ETF by 31.7% in the first quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock valued at $160,002,000 after purchasing an additional 740,605 shares during the last quarter. Aurora Private Wealth Inc. lifted its position in Alerian MLP ETF by 1,737.3% in the first quarter. Aurora Private Wealth Inc. now owns 520,327 shares of the exchange traded fund’s stock valued at $27,026,000 after purchasing an additional 492,007 shares during the last quarter. LPL Financial LLC lifted its position in Alerian MLP ETF by 15.6% in the first quarter. LPL Financial LLC now owns 3,238,970 shares of the exchange traded fund’s stock valued at $168,232,000 after purchasing an additional 437,947 shares during the last quarter. Raymond James Financial Inc. lifted its position in Alerian MLP ETF by 18.6% in the first quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock valued at $133,140,000 after purchasing an additional 401,133 shares during the last quarter. Finally, B&D White Capital Company LLC lifted its position in Alerian MLP ETF by 509.4% in the first quarter. B&D White Capital Company LLC now owns 304,679 shares of the exchange traded fund’s stock valued at $15,825,000 after purchasing an additional 254,679 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $45.63 on Monday. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The stock has a 50 day moving average price of $47.36 and a two-hundred day moving average price of $48.10. The company has a market capitalization of $10.02 billion, a P/E ratio of 14.17 and a beta of 1.42.

Alerian MLP ETF Company 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.