Ulland Investment Advisors LLC Has $933,000 Stock Position in Alerian MLP ETF $AMLP

Ulland Investment Advisors LLC grew its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 22.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,098 shares of the exchange traded fund’s stock after purchasing an additional 3,512 shares during the period. Ulland Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $933,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in AMLP. Brighton Jones LLC raised its holdings in shares of Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after purchasing an additional 7,280 shares during the period. Miracle Mile Advisors LLC raised its holdings in shares of Alerian MLP ETF by 23.5% in the 1st quarter. Miracle Mile Advisors LLC now owns 5,262 shares of the exchange traded fund’s stock worth $273,000 after acquiring an additional 1,000 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Alerian MLP ETF by 6.5% in the 1st quarter. Farther Finance Advisors LLC now owns 19,832 shares of the exchange traded fund’s stock worth $1,036,000 after acquiring an additional 1,210 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of Alerian MLP ETF by 16.0% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 24,884 shares of the exchange traded fund’s stock worth $1,292,000 after acquiring an additional 3,428 shares during the last quarter. Finally, Focus Financial Network Inc. raised its holdings in shares of Alerian MLP ETF by 80.7% in the 1st quarter. Focus Financial Network Inc. now owns 26,661 shares of the exchange traded fund’s stock worth $1,385,000 after acquiring an additional 11,903 shares during the last quarter.

Alerian MLP ETF Price Performance

AMLP opened at $45.64 on Friday. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The firm has a market capitalization of $10.00 billion, a PE ratio of 14.17 and a beta of 1.42. The company’s 50-day moving average is $47.83 and its 200 day moving average is $48.43.

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.