Kingswood Wealth Advisors LLC Buys 13,133 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Kingswood Wealth Advisors LLC grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 130.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,237 shares of the exchange traded fund’s stock after purchasing an additional 13,133 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Transcend Capital Advisors LLC grew its position in Alerian MLP ETF by 21.9% during the 2nd quarter. Transcend Capital Advisors LLC now owns 99,364 shares of the exchange traded fund’s stock worth $4,768,000 after acquiring an additional 17,880 shares during the last quarter. Hamilton Wealth LLC increased its stake in shares of Alerian MLP ETF by 90.0% in the first quarter. Hamilton Wealth LLC now owns 10,982 shares of the exchange traded fund’s stock valued at $521,000 after buying an additional 5,202 shares during the period. Westwood Holdings Group Inc. raised its holdings in Alerian MLP ETF by 32.5% in the 1st quarter. Westwood Holdings Group Inc. now owns 16,844 shares of the exchange traded fund’s stock valued at $799,000 after buying an additional 4,129 shares during the last quarter. Cetera Advisors LLC boosted its position in Alerian MLP ETF by 40.1% during the 1st quarter. Cetera Advisors LLC now owns 185,688 shares of the exchange traded fund’s stock worth $8,813,000 after buying an additional 53,109 shares during the period. Finally, Cetera Investment Advisers grew its holdings in Alerian MLP ETF by 470.3% during the 1st quarter. Cetera Investment Advisers now owns 442,029 shares of the exchange traded fund’s stock worth $20,979,000 after acquiring an additional 364,516 shares during the last quarter.

Alerian MLP ETF Stock Down 0.7 %

Shares of AMLP stock traded down $0.35 during trading hours on Wednesday, hitting $46.42. 1,223,157 shares of the company’s stock traded hands, compared to its average volume of 1,273,023. The stock has a market cap of $8.35 billion, a PE ratio of 13.08 and a beta of 0.48. The stock’s 50 day simple moving average is $47.36 and its 200 day simple moving average is $46.56. Alerian MLP ETF has a 12 month low of $40.03 and a 12 month high of $49.44.

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.