Stephens Inc. AR Buys 11,525 Shares of Alerian MLP ETF $AMLP

Stephens Inc. AR increased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,074,933 shares of the exchange traded fund’s stock after purchasing an additional 11,525 shares during the period. Alerian MLP ETF makes up approximately 0.7% of Stephens Inc. AR’s investment portfolio, making the stock its 23rd largest holding. Stephens Inc. AR owned about 0.50% of Alerian MLP ETF worth $52,521,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AMLP. Nova Wealth Management Inc. bought a new position in Alerian MLP ETF during the second quarter worth about $28,000. Headlands Technologies LLC bought a new stake in shares of Alerian MLP ETF in the 1st quarter valued at about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Alerian MLP ETF in the 1st quarter valued at approximately $34,000. Crews Bank & Trust acquired a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at approximately $39,000. Finally, Independence Bank of Kentucky boosted its stake in Alerian MLP ETF by 517.5% during the 2nd quarter. Independence Bank of Kentucky now owns 988 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 828 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $45.63 on Monday. Alerian MLP ETF has a 52-week low of $43.75 and a 52-week high of $53.24. The stock has a market cap of $10.02 billion, a P/E ratio of 14.17 and a beta of 1.42. The firm has a 50 day moving average price of $47.36 and a 200 day moving average price of $48.10.

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.