Blue Trust Inc. Acquires 20,370 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Blue Trust Inc. raised its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 181.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,571 shares of the exchange traded fund’s stock after purchasing an additional 20,370 shares during the quarter. Blue Trust Inc.’s holdings in Alerian MLP ETF were worth $1,515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Aurora Private Wealth Inc. increased its position in Alerian MLP ETF by 0.7% during the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock worth $1,404,000 after purchasing an additional 208 shares in the last quarter. Cypress Wealth Services LLC grew its stake in shares of Alerian MLP ETF by 3.7% during the third quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock worth $284,000 after buying an additional 217 shares during the last quarter. Retirement Planning Group LLC increased its holdings in shares of Alerian MLP ETF by 2.9% during the third quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 218 shares in the last quarter. Opal Wealth Advisors LLC lifted its stake in shares of Alerian MLP ETF by 2.7% in the 3rd quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock valued at $432,000 after acquiring an additional 242 shares during the last quarter. Finally, RDA Financial Network boosted its holdings in shares of Alerian MLP ETF by 4.6% during the 2nd quarter. RDA Financial Network now owns 5,677 shares of the exchange traded fund’s stock valued at $272,000 after acquiring an additional 250 shares in the last quarter.

Alerian MLP ETF Stock Up 0.0 %

Shares of AMLP stock opened at $47.11 on Friday. Alerian MLP ETF has a twelve month low of $41.06 and a twelve month high of $49.44. The stock’s fifty day simple moving average is $46.93 and its 200 day simple moving average is $47.04. The firm has a market capitalization of $8.47 billion, a P/E 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.