Alerian MLP ETF $AMLP Shares Bought by WBI Investments LLC

WBI Investments LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 9.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 10,979 shares of the exchange traded fund’s stock after buying an additional 910 shares during the period. WBI Investments LLC’s holdings in Alerian MLP ETF were worth $570,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AMLP. Allen Investment Management LLC increased its stake in Alerian MLP ETF by 31.7% during the 1st quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock worth $160,002,000 after buying an additional 740,605 shares in the last quarter. Aurora Private Wealth Inc. increased its stake in Alerian MLP ETF by 1,737.3% during the 1st quarter. Aurora Private Wealth Inc. now owns 520,327 shares of the exchange traded fund’s stock worth $27,026,000 after buying an additional 492,007 shares in the last quarter. LPL Financial LLC increased its stake in Alerian MLP ETF by 15.6% during the 1st quarter. LPL Financial LLC now owns 3,238,970 shares of the exchange traded fund’s stock worth $168,232,000 after buying an additional 437,947 shares in the last quarter. Raymond James Financial Inc. increased its stake in Alerian MLP ETF by 18.6% during the 1st quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock worth $133,140,000 after buying an additional 401,133 shares in the last quarter. Finally, SOA Wealth Advisors LLC. purchased a new stake in Alerian MLP ETF during the 1st quarter worth approximately $15,492,000.

Alerian MLP ETF Trading Up 0.3%

NYSEARCA:AMLP opened at $47.79 on Friday. Alerian MLP ETF has a 12 month low of $43.75 and a 12 month high of $53.24. The stock has a 50 day moving average of $48.62 and a two-hundred day moving average of $49.01. The firm has a market cap of $10.27 billion, a P/E 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.