Sierra Capital LLC Sells 11,472 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Sierra Capital LLC decreased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 23.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 38,500 shares of the exchange traded fund’s stock after selling 11,472 shares during the quarter. Sierra Capital LLC’s holdings in Alerian MLP ETF were worth $1,815,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new stake in shares of Alerian MLP ETF during the first quarter worth $27,000. Asset Dedication LLC raised its position in shares of 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 last quarter. Massmutual Trust Co. FSB ADV bought a new stake in shares of Alerian MLP ETF during the third quarter worth $40,000. ORG Wealth Partners LLC bought a new stake in shares of Alerian MLP ETF during the third quarter worth $41,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Alerian MLP ETF during the second quarter worth $49,000.

Alerian MLP ETF Price Performance

Shares of AMLP stock traded up $0.17 on Tuesday, reaching $46.85. 340,123 shares of the stock were exchanged, compared to its average volume of 1,294,901. Alerian MLP ETF has a one year low of $41.06 and a one year high of $49.44. The stock has a 50 day moving average price of $46.97 and a 200 day moving average price of $47.02. The stock has a market cap of $8.43 billion, a PE ratio of 13.08 and a beta of 0.48.

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.