HighTower Advisors LLC Sells 82,411 Shares of Alerian MLP ETF $AMLP

HighTower Advisors LLC lessened its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 9.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 752,637 shares of the exchange traded fund’s stock after selling 82,411 shares during the period. HighTower Advisors LLC owned 0.33% of Alerian MLP ETF worth $35,389,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in AMLP. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Alerian MLP ETF by 14,563.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock valued at $60,625,000 after purchasing an additional 1,280,552 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of Alerian MLP ETF by 326.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock valued at $50,800,000 after purchasing an additional 795,787 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Alerian MLP ETF by 1,024.7% during the 3rd quarter. Assetmark Inc. now owns 716,978 shares of the exchange traded fund’s stock valued at $33,648,000 after purchasing an additional 653,230 shares during the last quarter. US Bancorp DE raised its position in shares of Alerian MLP ETF by 57.6% during the 3rd quarter. US Bancorp DE now owns 1,197,958 shares of the exchange traded fund’s stock valued at $56,220,000 after buying an additional 437,947 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of Alerian MLP ETF by 1,508.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock valued at $19,116,000 after buying an additional 381,190 shares in the last quarter.

Alerian MLP ETF Trading Down 0.4%

Shares of NYSEARCA AMLP opened at $54.18 on Friday. The firm’s 50-day moving average price is $52.80 and its 200-day moving average price is $50.19. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of 14.17 and a beta of 0.52. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.22.

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).