Alerian MLP ETF $AMLP Shares Acquired by J.Safra Asset Management Corp

J.Safra Asset Management Corp increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 99.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,941 shares of the exchange traded fund’s stock after purchasing an additional 18,933 shares during the period. J.Safra Asset Management Corp’s holdings in Alerian MLP ETF were worth $1,781,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Lmcg Investments LLC lifted its stake in Alerian MLP ETF by 7.2% in the third quarter. Lmcg Investments LLC now owns 31,557 shares of the exchange traded fund’s stock valued at $1,481,000 after buying an additional 2,124 shares during the last quarter. Red Crane Wealth Management LLC increased its holdings in shares of Alerian MLP ETF by 35.0% in the 3rd quarter. Red Crane Wealth Management LLC now owns 12,095 shares of the exchange traded fund’s stock worth $568,000 after acquiring an additional 3,135 shares during the period. Evergreen Capital Management LLC lifted its position in Alerian MLP ETF by 3.6% in the 3rd quarter. Evergreen Capital Management LLC now owns 176,288 shares of the exchange traded fund’s stock valued at $8,273,000 after purchasing an additional 6,049 shares during the last quarter. Gould Asset Management LLC CA boosted its stake in Alerian MLP ETF by 2.7% during the 3rd quarter. Gould Asset Management LLC CA now owns 15,859 shares of the exchange traded fund’s stock valued at $744,000 after purchasing an additional 421 shares during the period. Finally, Csenge Advisory Group bought a new position in Alerian MLP ETF in the 3rd quarter worth about $365,000.

Alerian MLP ETF Trading Up 0.4%

Shares of NYSEARCA:AMLP opened at $49.32 on Friday. The firm’s 50 day moving average is $47.37 and its two-hundred day moving average is $47.63. The firm has a market capitalization of $11.01 billion, a P/E ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24.

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).