Tectonic Advisors LLC Has $14.03 Million Stock Position in Alerian MLP ETF $AMLP

Tectonic Advisors LLC raised its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 298,985 shares of the exchange traded fund’s stock after purchasing an additional 14,872 shares during the period. Alerian MLP ETF makes up approximately 0.8% of Tectonic Advisors LLC’s portfolio, making the stock its 22nd biggest holding. Tectonic Advisors LLC’s holdings in Alerian MLP ETF were worth $14,031,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Orion Porfolio Solutions LLC grew its holdings in Alerian MLP ETF by 326.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock worth $50,800,000 after buying an additional 795,787 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Alerian MLP ETF by 60.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 856,674 shares of the exchange traded fund’s stock worth $41,857,000 after acquiring an additional 322,729 shares during the last quarter. TRUE Private Wealth Advisors grew its position in Alerian MLP ETF by 3,254.0% in the second quarter. TRUE Private Wealth Advisors now owns 330,398 shares of the exchange traded fund’s stock worth $16,143,000 after acquiring an additional 320,547 shares in the last quarter. RS Crum Inc. bought a new position in Alerian MLP ETF in the second quarter valued at $14,966,000. Finally, Thrivent Financial for Lutherans raised its position in Alerian MLP ETF by 1,100.8% during the second quarter. Thrivent Financial for Lutherans now owns 329,183 shares of the exchange traded fund’s stock valued at $16,084,000 after purchasing an additional 301,769 shares in the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $47.02 on Friday. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.24. The stock has a 50 day simple moving average of $47.09 and a two-hundred day simple moving average of $47.68. The firm has a market cap of $10.32 billion, a P/E ratio of 14.17 and a beta of 0.70.

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. 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).