Focus Partners Wealth Has $5.24 Million Stake in Alerian MLP ETF $AMLP

Focus Partners Wealth boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 4.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,912 shares of the exchange traded fund’s stock after acquiring an additional 4,642 shares during the quarter. Focus Partners Wealth’s holdings in Alerian MLP ETF were worth $5,241,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Auour Investments LLC increased its stake in Alerian MLP ETF by 1.2% in the first quarter. Auour Investments LLC now owns 18,171 shares of the exchange traded fund’s stock valued at $877,000 after acquiring an additional 223 shares during the period. Fountainhead AM LLC increased its stake in Alerian MLP ETF by 4.1% in the first quarter. Fountainhead AM LLC now owns 5,798 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 227 shares during the period. AE Wealth Management LLC increased its stake in Alerian MLP ETF by 7.3% in the first quarter. AE Wealth Management LLC now owns 3,622 shares of the exchange traded fund’s stock valued at $188,000 after acquiring an additional 246 shares during the period. Sowell Financial Services LLC increased its stake in Alerian MLP ETF by 1.5% in the first quarter. Sowell Financial Services LLC now owns 17,014 shares of the exchange traded fund’s stock valued at $884,000 after acquiring an additional 250 shares during the period. Finally, Summit Financial LLC increased its stake in Alerian MLP ETF by 1.6% in the first quarter. Summit Financial LLC now owns 16,627 shares of the exchange traded fund’s stock valued at $864,000 after acquiring an additional 257 shares during the period.

Alerian MLP ETF Stock Down 0.1%

NYSEARCA AMLP opened at $47.76 on Monday. The stock has a market cap of $10.27 billion, a P/E ratio of 14.17 and a beta of 1.42. The company’s 50-day simple moving average is $48.59 and its 200 day simple moving average is $48.96. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24.

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.