Brighton Jones LLC grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 4.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,598 shares of the exchange traded fund’s stock after purchasing an additional 1,746 shares during the quarter. Brighton Jones LLC’s holdings in Alerian MLP ETF were worth $2,081,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMLP. Allen Investment Management LLC boosted 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 purchasing an additional 740,605 shares during the last quarter. LPL Financial LLC boosted its position in shares of 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 valued at $168,232,000 after acquiring an additional 437,947 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of 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 valued at $133,140,000 after acquiring an additional 401,133 shares during the last quarter. B&D White Capital Company LLC boosted its position in shares of Alerian MLP ETF by 509.4% during the 1st quarter. B&D White Capital Company LLC now owns 304,679 shares of the exchange traded fund’s stock valued at $15,825,000 after acquiring an additional 254,679 shares during the last quarter. Finally, New Harbor Financial Group LLC boosted its position in shares of Alerian MLP ETF by 89.2% during the 1st quarter. New Harbor Financial Group LLC now owns 465,660 shares of the exchange traded fund’s stock valued at $24,186,000 after acquiring an additional 219,589 shares during the last quarter.
Alerian MLP ETF Trading Down 0.4%
Shares of AMLP stock opened at $46.74 on Monday. The company’s 50-day moving average price is $47.18 and its 200-day moving average price is $48.12. The stock has a market cap of $10.28 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24.
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.
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