Janney Montgomery Scott LLC Boosts Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Janney Montgomery Scott LLC grew its position in Alerian MLP ETF (NYSEARCA:AMLP) by 11.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 404,580 shares of the exchange traded fund’s stock after acquiring an additional 41,108 shares during the quarter. Janney Montgomery Scott LLC owned about 0.22% of Alerian MLP ETF worth $19,068,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Aurora Private Wealth Inc. raised its holdings in Alerian MLP ETF by 0.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock valued at $1,404,000 after acquiring an additional 208 shares during the last quarter. Cypress Wealth Services LLC increased its holdings in shares of Alerian MLP ETF by 3.7% in the third quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock valued at $284,000 after purchasing an additional 217 shares during the last quarter. Retirement Planning Group LLC lifted 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 buying an additional 218 shares in the last quarter. Opal Wealth Advisors LLC boosted its stake 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 buying an additional 242 shares during the last quarter. Finally, RDA Financial Network grew its holdings in Alerian MLP ETF by 4.6% in the 2nd quarter. RDA Financial Network now owns 5,677 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 250 shares in the last quarter.

Alerian MLP ETF Stock Up 1.5 %

NYSEARCA AMLP opened at $47.47 on Wednesday. The business’s fifty day simple moving average is $47.05 and its 200-day simple moving average is $47.02. The firm has a market cap of $8.54 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $49.44.

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.