Alerian MLP ETF (NYSEARCA:AMLP) Shares Bought by Stephens Inc. AR

Stephens Inc. AR raised its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 2.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 984,226 shares of the exchange traded fund’s stock after purchasing an additional 26,882 shares during the period. Alerian MLP ETF comprises approximately 0.7% of Stephens Inc. AR’s holdings, making the stock its 27th largest holding. Stephens Inc. AR owned about 0.55% of Alerian MLP ETF worth $46,387,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. LPL Financial LLC raised its position in shares of Alerian MLP ETF by 8.9% during the 2nd quarter. LPL Financial LLC now owns 2,124,708 shares of the exchange traded fund’s stock valued at $101,943,000 after acquiring an additional 173,805 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Alerian MLP ETF by 15.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock valued at $96,317,000 after acquiring an additional 272,696 shares in the last quarter. 1832 Asset Management L.P. raised its position in shares of Alerian MLP ETF by 58.2% during the 1st quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock valued at $90,784,000 after acquiring an additional 703,620 shares in the last quarter. Allen Investment Management LLC raised its position in shares of Alerian MLP ETF by 16.8% during the 2nd quarter. Allen Investment Management LLC now owns 1,315,442 shares of the exchange traded fund’s stock valued at $63,115,000 after acquiring an additional 188,980 shares in the last quarter. Finally, Raymond James & Associates increased its position in Alerian MLP ETF by 2.4% in the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after buying an additional 24,674 shares during the period.

Alerian MLP ETF Price Performance

Shares of NYSEARCA AMLP opened at $46.53 on Friday. Alerian MLP ETF has a 1-year low of $41.06 and a 1-year high of $49.44. The business’s fifty day moving average price is $47.06 and its two-hundred day moving average price is $47.00. The firm has a market capitalization of $8.37 billion, a PE ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Company 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.