D.A. Davidson & CO. Grows Position in Alerian MLP ETF (NYSEARCA:AMLP)

D.A. Davidson & CO. increased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 18.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,267 shares of the exchange traded fund’s stock after acquiring an additional 17,362 shares during the quarter. D.A. Davidson & CO. owned about 0.06% of Alerian MLP ETF worth $5,244,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Aurora Private Wealth Inc. lifted its position in Alerian MLP ETF by 0.7% during the second quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock worth $1,404,000 after buying an additional 208 shares in the last quarter. Cypress Wealth Services LLC boosted its position in shares of Alerian MLP ETF by 3.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock valued at $284,000 after acquiring an additional 217 shares during the last quarter. Retirement Planning Group LLC increased its position in 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 purchasing an additional 218 shares during the last quarter. Opal Wealth Advisors LLC increased its position in Alerian MLP ETF by 2.7% during the third quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock worth $432,000 after purchasing an additional 242 shares during the last quarter. Finally, Mach 1 Financial Group LLC boosted its holdings in Alerian MLP ETF by 2.4% in the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 244 shares during the last quarter.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $50.31 on Thursday. Alerian MLP ETF has a 1-year low of $41.06 and a 1-year high of $50.51. The stock has a market cap of $9.05 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The firm has a 50 day simple moving average of $47.52 and a 200-day simple moving average of $47.15.

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.