Stephens Inc. AR Cuts Stake in Alerian MLP ETF $AMLP

Stephens Inc. AR reduced its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 6.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,012,846 shares of the exchange traded fund’s stock after selling 71,197 shares during the period. Alerian MLP ETF makes up 0.6% of Stephens Inc. AR’s portfolio, making the stock its 26th biggest position. Stephens Inc. AR owned approximately 0.45% of Alerian MLP ETF worth $47,624,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of AMLP. REAP Financial Group LLC grew its stake in shares of Alerian MLP ETF by 2,000.0% in the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Alerian MLP ETF in the fourth quarter worth $43,000. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Alerian MLP ETF by 800.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 1,000 shares during the last quarter. BROOKFIELD Corp ON purchased a new stake in shares of Alerian MLP ETF in the second quarter worth $65,000. Finally, First Horizon Corp grew its stake in shares of Alerian MLP ETF by 396.7% in the fourth quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,190 shares during the last quarter.

Alerian MLP ETF Trading Up 0.3%

NYSEARCA AMLP opened at $54.05 on Friday. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $54.33. The stock has a market cap of $12.61 billion, a P/E ratio of 14.17 and a beta of 0.52. The stock’s fifty day moving average price is $52.64 and its 200-day moving average price is $49.96.

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).