D.A. Davidson & CO. boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 4.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 229,163 shares of the exchange traded fund’s stock after purchasing an additional 9,985 shares during the period. D.A. Davidson & CO. owned 0.11% of Alerian MLP ETF worth $11,197,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new stake in Alerian MLP ETF during the second quarter valued at $28,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Alerian MLP ETF in the second quarter worth about $29,000. Headlands Technologies LLC acquired a new stake in shares of Alerian MLP ETF in the first quarter worth about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Alerian MLP ETF in the first quarter worth about $34,000. Finally, Crews Bank & Trust acquired a new stake in shares of Alerian MLP ETF in the second quarter worth about $39,000.
Alerian MLP ETF Price Performance
Shares of NYSEARCA:AMLP opened at $46.61 on Thursday. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The business has a 50-day moving average of $47.22 and a two-hundred day moving average of $48.08. The stock has a market capitalization of $10.23 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.
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