Lakeview Capital Partners LLC raised its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 156,926 shares of the exchange traded fund’s stock after buying an additional 5,857 shares during the period. Lakeview Capital Partners LLC’s holdings in Alerian MLP ETF were worth $1,434,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Lindbrook Capital LLC bought a new position in shares of Alerian MLP ETF during the second quarter valued at about $29,000. Phocas Financial Corp. bought a new position in Alerian MLP ETF in the second quarter worth about $49,000. Citizens Financial Group Inc RI purchased a new stake in Alerian MLP ETF in the second quarter worth about $65,000. Wealthcare Advisory Partners LLC grew its holdings in Alerian MLP ETF by 18.7% in the second quarter. Wealthcare Advisory Partners LLC now owns 6,758 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 1,065 shares during the period. Finally, NEXT Financial Group Inc grew its holdings in Alerian MLP ETF by 197.6% in the second quarter. NEXT Financial Group Inc now owns 7,411 shares of the exchange traded fund’s stock worth $73,000 after purchasing an additional 4,921 shares during the period.
AMLP traded down $0.02 during midday trading on Friday, reaching $8.36. The company’s stock had a trading volume of 28,063,401 shares, compared to its average volume of 15,991,327. Alerian MLP ETF has a 1 year low of $8.27 and a 1 year high of $10.25. The stock’s 50-day moving average is $8.85 and its 200-day moving average is $9.45.
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.
Recommended Story: Cash Flow Analysis in Stock Selection
Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLP).
Receive News & Ratings for Alerian MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.