Auour Investments LLC Trims Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Auour Investments LLC reduced its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 9.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,699 shares of the exchange traded fund’s stock after selling 1,747 shares during the quarter. Auour Investments LLC’s holdings in Alerian MLP ETF were worth $829,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. TKG Advisors LLC raised its position in shares of Alerian MLP ETF by 4.9% during the 3rd quarter. TKG Advisors LLC now owns 79,551 shares of the exchange traded fund’s stock valued at $3,749,000 after acquiring an additional 3,706 shares in the last quarter. Palisades Hudson Asset Management L.P. acquired a new stake in Alerian MLP ETF in the third quarter worth $200,000. Janney Montgomery Scott LLC increased its position in Alerian MLP ETF by 11.3% in the third quarter. Janney Montgomery Scott LLC now owns 404,580 shares of the exchange traded fund’s stock worth $19,068,000 after buying an additional 41,108 shares during the period. Allen Wealth Management LLC increased its position in Alerian MLP ETF by 1.5% in the third quarter. Allen Wealth Management LLC now owns 323,611 shares of the exchange traded fund’s stock worth $15,252,000 after buying an additional 4,886 shares during the period. Finally, White Pine Investment CO increased its position in Alerian MLP ETF by 0.6% in the third quarter. White Pine Investment CO now owns 89,294 shares of the exchange traded fund’s stock worth $4,208,000 after buying an additional 489 shares during the period.

Alerian MLP ETF Price Performance

Shares of NYSEARCA AMLP opened at $46.79 on Tuesday. 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 $47.02. The firm has a market capitalization of $8.42 billion, a PE ratio of 13.08 and a beta of 0.48.

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.