Prime Capital Investment Advisors LLC trimmed its stake in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 7.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 196,839 shares of the exchange traded fund’s stock after selling 15,311 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $10,210,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in Alerian MLP ETF by 1.0% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 19,617 shares of the exchange traded fund’s stock valued at $1,018,000 after buying an additional 192 shares during the period. Mayfair Advisory Group LLC lifted its stake in shares of Alerian MLP ETF by 3.4% in the first quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $320,000 after buying an additional 200 shares in the last quarter. Noesis Capital Mangement Corp lifted its position in Alerian MLP ETF by 3.0% in the 1st quarter. Noesis Capital Mangement Corp now owns 6,900 shares of the exchange traded fund’s stock valued at $363,000 after acquiring an additional 200 shares in the last quarter. Capital Advisors Inc. OK lifted its holdings in shares of Alerian MLP ETF by 2.7% during the second quarter. Capital Advisors Inc. OK now owns 7,563 shares of the exchange traded fund’s stock valued at $392,000 after purchasing an additional 200 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC boosted its holdings in shares of Alerian MLP ETF by 0.4% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 47,543 shares of the exchange traded fund’s stock valued at $2,466,000 after acquiring an additional 201 shares during the last quarter.
Alerian MLP ETF Trading Up 0.8%
Shares of AMLP stock opened at $52.60 on Wednesday. Alerian MLP ETF has a 12-month low of $45.94 and a 12-month high of $56.43. The stock has a market capitalization of $12.69 billion, a P/E ratio of 14.17 and a beta of 0.54. The firm’s 50 day moving average is $54.18 and its 200 day moving average is $53.39.
Alerian MLP ETF 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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).
Read More
- Five stocks we like better than Alerian MLP ETF
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLP – Free Report).
Receive News & Ratings for Alerian MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
