Vista Finance LLC Cuts Position in Alerian MLP ETF $AMLP

Vista Finance LLC decreased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 2.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 211,807 shares of the exchange traded fund’s stock after selling 4,440 shares during the quarter. Alerian MLP ETF comprises about 8.9% of Vista Finance LLC’s portfolio, making the stock its 4th largest holding. Vista Finance LLC’s holdings in Alerian MLP ETF were worth $10,349,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AMLP. Brighton Jones LLC lifted its stake in Alerian MLP ETF by 19.4% in the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after acquiring an additional 7,280 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Alerian MLP ETF by 23.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 418,118 shares of the exchange traded fund’s stock valued at $21,717,000 after acquiring an additional 79,345 shares in the last quarter. Institute for Wealth Management LLC. lifted its stake in Alerian MLP ETF by 24.9% in the 1st quarter. Institute for Wealth Management LLC. now owns 5,568 shares of the exchange traded fund’s stock valued at $289,000 after acquiring an additional 1,111 shares in the last quarter. Premier Path Wealth Partners LLC bought a new stake in Alerian MLP ETF in the 1st quarter valued at approximately $251,000. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Alerian MLP ETF by 153.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,437 shares of the exchange traded fund’s stock valued at $646,000 after acquiring an additional 7,531 shares in the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA AMLP opened at $45.63 on Friday. The stock has a market capitalization of $10.02 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42. The stock’s 50 day moving average price is $47.36 and its two-hundred day moving average price is $48.12. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24.

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.