Alerian MLP ETF $AMLP Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 5.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 270,707 shares of the exchange traded fund’s stock after purchasing an additional 14,349 shares during the period. Kestra Advisory Services LLC’s holdings in Alerian MLP ETF were worth $14,042,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC lifted its holdings in shares of Alerian MLP ETF by 11.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 871,610 shares of the exchange traded fund’s stock worth $45,210,000 after acquiring an additional 92,785 shares during the last quarter. Cowa LLC grew its holdings in shares of Alerian MLP ETF by 1.9% during the 3rd quarter. Cowa LLC now owns 76,162 shares of the exchange traded fund’s stock valued at $3,951,000 after purchasing an additional 1,448 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of Alerian MLP ETF by 10.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 79,867 shares of the exchange traded fund’s stock valued at $4,244,000 after purchasing an additional 7,629 shares during the last quarter. Provenance Wealth Advisors LLC grew its holdings in shares of Alerian MLP ETF by 2.1% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 12,128 shares of the exchange traded fund’s stock valued at $629,000 after purchasing an additional 248 shares during the last quarter. Finally, Putney Financial Group LLC purchased a new position in Alerian MLP ETF in the 3rd quarter worth $113,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $50.24 on Monday. The stock has a market cap of $12.08 billion, a PE ratio of 14.17 and a beta of 0.53. The company’s fifty day moving average is $53.54 and its 200 day moving average is $52.90. Alerian MLP ETF has a 52 week low of $46.04 and a 52 week high of $56.43.

Alerian MLP ETF 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).