Total Clarity Wealth Management Inc. bought a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,893 shares of the exchange traded fund’s stock, valued at approximately $521,000.
Several other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC boosted 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 worth $2,157,000 after purchasing an additional 7,280 shares during the period. Qube Research & Technologies Ltd increased its position in shares of Alerian MLP ETF by 16.4% during the second quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock valued at $6,898,000 after buying an additional 19,916 shares during the period. Sei Investments Co. bought a new position in shares of Alerian MLP ETF in the second quarter valued at approximately $623,000. Diversify Advisory Services LLC bought a new position in shares of Alerian MLP ETF in the second quarter valued at approximately $224,000. Finally, Quantinno Capital Management LP grew its stake in Alerian MLP ETF by 63.3% during the second quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock valued at $2,481,000 after acquiring an additional 19,678 shares in the last quarter.
Alerian MLP ETF Trading Up 2.0%
Alerian MLP ETF stock opened at $51.65 on Wednesday. Alerian MLP ETF has a 1-year low of $44.64 and a 1-year high of $55.22. The firm has a market capitalization of $12.05 billion, a PE ratio of 14.17 and a beta of 0.50. The firm’s 50 day simple moving average is $52.58 and its 200 day simple moving average is $51.04.
Alerian MLP ETF Company 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).
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