HBK Sorce Advisory LLC Invests $899,000 in Alerian MLP ETF $AMLP

HBK Sorce Advisory LLC purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,391 shares of the exchange traded fund’s stock, valued at approximately $899,000.

Several other institutional investors have also recently bought and sold shares of the stock. Level Four Advisory Services LLC boosted its position in Alerian MLP ETF by 1.0% in the 2nd quarter. Level Four Advisory Services LLC now owns 20,536 shares of the exchange traded fund’s stock valued at $1,003,000 after buying an additional 210 shares during the last quarter. NBC Securities Inc. boosted its holdings in Alerian MLP ETF by 1.1% in the second quarter. NBC Securities Inc. now owns 21,543 shares of the exchange traded fund’s stock valued at $1,052,000 after acquiring an additional 237 shares during the last quarter. Arlington Trust Co LLC boosted its holdings in Alerian MLP ETF by 8.5% in the second quarter. Arlington Trust Co LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $157,000 after acquiring an additional 250 shares during the last quarter. Ergawealth Advisors Inc. increased its position in Alerian MLP ETF by 3.1% in the second quarter. Ergawealth Advisors Inc. now owns 8,437 shares of the exchange traded fund’s stock worth $412,000 after purchasing an additional 250 shares during the period. Finally, MBA Advisors LLC raised its holdings in Alerian MLP ETF by 1.1% during the 2nd quarter. MBA Advisors LLC now owns 23,787 shares of the exchange traded fund’s stock worth $1,162,000 after purchasing an additional 254 shares during the last quarter.

Alerian MLP ETF Trading Down 0.0%

Alerian MLP ETF stock opened at $47.18 on Thursday. The company has a market cap of $10.35 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.24. The company’s 50-day moving average is $46.98 and its two-hundred day moving average is $47.75.

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. 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).