Janney Montgomery Scott LLC raised its position in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 2.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 561,275 shares of the exchange traded fund’s stock after purchasing an additional 11,367 shares during the quarter. Janney Montgomery Scott LLC owned 0.24% of Alerian MLP ETF worth $29,102,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after buying an additional 7,280 shares during the period. Qube Research & Technologies Ltd grew its stake 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 last quarter. Sei Investments Co. purchased a new stake in shares of Alerian MLP ETF in the second quarter worth approximately $623,000. Diversify Advisory Services LLC purchased a new stake in shares of Alerian MLP ETF in the second quarter worth approximately $224,000. Finally, Quantinno Capital Management LP lifted its stake in shares of Alerian MLP ETF by 63.3% during the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock worth $2,481,000 after acquiring an additional 19,678 shares during the last quarter.
Alerian MLP ETF Stock Up 1.1%
AMLP opened at $54.96 on Friday. The business has a fifty day moving average of $53.18 and a 200 day moving average of $52.59. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $55.66. The stock has a market cap of $12.91 billion, a P/E ratio of 14.17 and a beta of 0.50.
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. 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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