3,257 Shares in Alerian MLP ETF $AMLP Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC acquired a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,257 shares of the exchange traded fund’s stock, valued at approximately $159,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new position in Alerian MLP ETF during the first quarter worth approximately $34,000. Sequoia Financial Advisors LLC lifted its position in Alerian MLP ETF by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,118 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 275 shares in the last quarter. Parallel Advisors LLC lifted its position in Alerian MLP ETF by 8.2% during the second quarter. Parallel Advisors LLC now owns 7,558 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 572 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in Alerian MLP ETF by 153.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,437 shares of the exchange traded fund’s stock worth $646,000 after acquiring an additional 7,531 shares during the last quarter. Finally, Tradewinds LLC. increased its stake in Alerian MLP ETF by 8.6% during the first quarter. Tradewinds LLC. now owns 68,057 shares of the exchange traded fund’s stock worth $3,535,000 after acquiring an additional 5,391 shares during the last quarter.

Alerian MLP ETF Stock Down 0.3%

AMLP stock opened at $46.35 on Thursday. The business has a fifty day moving average of $47.92 and a two-hundred day moving average of $48.47. The stock has a market cap of $10.16 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a 52-week low of $43.75 and a 52-week high of $53.24.

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.