Alerian MLP ETF $AMLP Shares Sold by Mills Wealth Advisors LLC

Mills Wealth Advisors LLC lessened its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 25.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,746 shares of the exchange traded fund’s stock after selling 22,364 shares during the period. Alerian MLP ETF makes up 1.5% of Mills Wealth Advisors LLC’s investment portfolio, making the stock its 19th largest position. Mills Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $3,163,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new position in shares of Alerian MLP ETF in the 2nd quarter valued at $28,000. Headlands Technologies LLC acquired a new position in shares of Alerian MLP ETF in the 1st quarter valued at $31,000. Golden State Wealth Management LLC acquired a new position in shares of Alerian MLP ETF in the 1st quarter valued at $34,000. Crews Bank & Trust acquired a new position in shares of Alerian MLP ETF in the 2nd quarter valued at $39,000. Finally, Independence Bank of Kentucky lifted its stake in shares of Alerian MLP ETF by 517.5% in the 2nd quarter. Independence Bank of Kentucky now owns 988 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 828 shares during the last quarter.

Alerian MLP ETF Stock Up 1.6%

Shares of Alerian MLP ETF stock opened at $46.35 on Tuesday. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24. The business’s fifty day simple moving average is $47.32 and its 200-day simple moving average is $48.10. The firm has a market cap of $10.18 billion, a PE ratio of 14.17 and a beta of 1.42.

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.