Alerian MLP ETF (NYSEARCA:AMLP) Stake Trimmed by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 7.0% during the fourth quarter, HoldingsChannel reports. The firm owned 16,705 shares of the exchange traded fund’s stock after selling 1,260 shares during the period. Kestra Private Wealth Services LLC’s holdings in Alerian MLP ETF were worth $710,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Eagle Strategies LLC increased its stake in Alerian MLP ETF by 4.8% in the 3rd quarter. Eagle Strategies LLC now owns 85,320 shares of the exchange traded fund’s stock worth $3,601,000 after purchasing an additional 3,921 shares in the last quarter. Raymond James & Associates increased its stake in Alerian MLP ETF by 5.1% in the 4th quarter. Raymond James & Associates now owns 1,305,809 shares of the exchange traded fund’s stock worth $55,523,000 after purchasing an additional 63,053 shares in the last quarter. Ritholtz Wealth Management purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $219,000. Aurora Private Wealth Inc. grew its stake in Alerian MLP ETF by 2.0% during the 4th quarter. Aurora Private Wealth Inc. now owns 28,729 shares of the exchange traded fund’s stock valued at $1,222,000 after acquiring an additional 574 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in Alerian MLP ETF by 3,469.7% during the 4th quarter. International Assets Investment Management LLC now owns 1,015,120 shares of the exchange traded fund’s stock valued at $431,630,000 after acquiring an additional 986,683 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA:AMLP opened at $47.30 on Monday. Alerian MLP ETF has a fifty-two week low of $37.06 and a fifty-two week high of $48.48. The stock’s 50-day moving average is $46.86 and its two-hundred day moving average is $44.42. The stock has a market cap of $8.51 billion, a PE ratio of 13.08 and a beta of 0.48.

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.