Alerian MLP ETF (NYSEARCA:AMLP) Holdings Boosted by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 19.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 148,816 shares of the exchange traded fund’s stock after purchasing an additional 24,634 shares during the period. Woodmont Investment Counsel LLC’s holdings in Alerian MLP ETF were worth $1,466,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Wells Fargo & Company MN grew its holdings in shares of Alerian MLP ETF by 2.4% during the 2nd quarter. Wells Fargo & Company MN now owns 28,379,972 shares of the exchange traded fund’s stock valued at $279,543,000 after acquiring an additional 667,863 shares in the last quarter. Creative Planning grew its holdings in shares of Alerian MLP ETF by 13.1% during the 2nd quarter. Creative Planning now owns 15,301,842 shares of the exchange traded fund’s stock valued at $150,723,000 after acquiring an additional 1,768,200 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Alerian MLP ETF by 4.7% during the 2nd quarter. LPL Financial LLC now owns 5,159,975 shares of the exchange traded fund’s stock valued at $50,826,000 after acquiring an additional 233,951 shares in the last quarter. Hershey Trust Co. purchased a new position in shares of Alerian MLP ETF during the 2nd quarter valued at $50,173,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Alerian MLP ETF by 116.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,423,857 shares of the exchange traded fund’s stock valued at $44,371,000 after acquiring an additional 2,377,952 shares in the last quarter.

Shares of Alerian MLP ETF stock traded up $0.02 on Wednesday, hitting $9.49. 1,037,922 shares of the company traded hands, compared to its average volume of 15,537,267. The company has a 50-day moving average price of $9.17 and a 200 day moving average price of $9.73. Alerian MLP ETF has a 12-month low of $8.27 and a 12-month high of $10.93.

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.

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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