Alerian MLP ETF (NYSEARCA:AMLP) is Madison Park Capital Advisors LLC’s 7th Largest Position

Madison Park Capital Advisors LLC cut its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 11.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,883 shares of the exchange traded fund’s stock after selling 16,698 shares during the quarter. Alerian MLP ETF accounts for 4.5% of Madison Park Capital Advisors LLC’s portfolio, making the stock its 7th biggest holding. Madison Park Capital Advisors LLC owned 0.07% of Alerian MLP ETF worth $6,027,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in Alerian MLP ETF by 8.9% in the second quarter. LPL Financial LLC now owns 2,124,708 shares of the exchange traded fund’s stock valued at $101,943,000 after buying an additional 173,805 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Alerian MLP ETF by 15.7% in 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 purchasing an additional 272,696 shares in the last quarter. 1832 Asset Management L.P. increased its stake in Alerian MLP ETF by 58.2% in 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 purchasing an additional 703,620 shares in the last quarter. Allen Investment Management LLC raised its holdings in Alerian MLP ETF by 16.8% during the second quarter. Allen Investment Management LLC now owns 1,315,442 shares of the exchange traded fund’s stock worth $63,115,000 after purchasing an additional 188,980 shares during the last quarter. Finally, Raymond James & Associates boosted its position in Alerian MLP ETF by 2.4% during the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after purchasing an additional 24,674 shares in the last quarter.

Alerian MLP ETF Stock Up 0.0 %

Shares of AMLP stock opened at $47.11 on Friday. The stock has a market cap of $8.47 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a fifty-two week low of $41.06 and a fifty-two week high of $49.44. The business has a fifty day simple moving average of $46.93 and a 200-day simple moving average of $47.04.

Alerian MLP ETF 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.