Nations Financial Group Inc. IA ADV Has $3.51 Million Stock Holdings in Alerian MLP ETF $AMLP

Nations Financial Group Inc. IA ADV grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 170.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 66,597 shares of the exchange traded fund’s stock after buying an additional 41,940 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Alerian MLP ETF were worth $3,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Alerian MLP ETF by 19.4% in the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after acquiring an additional 7,280 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in Alerian MLP ETF by 16.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock worth $6,898,000 after purchasing an additional 19,916 shares in the last quarter. Sei Investments Co. acquired a new stake in Alerian MLP ETF in the 2nd quarter worth about $623,000. Diversify Advisory Services LLC bought a new stake in Alerian MLP ETF in the 2nd quarter valued at about $224,000. Finally, Quantinno Capital Management LP boosted its holdings in Alerian MLP ETF by 63.3% in the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock valued at $2,481,000 after purchasing an additional 19,678 shares during the period.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $50.67 on Monday. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.22. The company’s 50 day moving average price is $52.63 and its two-hundred day moving average price is $50.98. The firm has a market cap of $11.82 billion, a PE ratio of 14.17 and a beta of 0.50.

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).