Childress Capital Advisors LLC Sells 1,000 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Childress Capital Advisors LLC cut its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 11.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,500 shares of the exchange traded fund’s stock after selling 1,000 shares during the period. Childress Capital Advisors LLC’s holdings in Alerian MLP ETF were worth $353,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Russell Investments Group Ltd. bought a new position in Alerian MLP ETF in the 1st quarter worth approximately $27,000. Asset Dedication LLC increased its position in Alerian MLP ETF by 1,244.0% during the second quarter. Asset Dedication LLC now owns 672 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 622 shares during the period. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF during the third quarter worth $40,000. ORG Wealth Partners LLC acquired a new position in Alerian MLP ETF during the 3rd quarter valued at $41,000. Finally, Strategic Financial Concepts LLC bought a new stake in Alerian MLP ETF in the 2nd quarter valued at $49,000.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $46.82 on Wednesday. The firm’s 50-day moving average is $47.06 and its 200-day moving average is $47.00. The company has a market cap of $8.42 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $41.06 and a 52-week high of $49.44.

About Alerian MLP ETF

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.