Cetera Investment Advisers Has $19.78 Million Holdings in Alerian MLP ETF $AMLP

Cetera Investment Advisers lifted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 13.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 404,772 shares of the exchange traded fund’s stock after purchasing an additional 49,527 shares during the quarter. Cetera Investment Advisers owned 0.19% of Alerian MLP ETF worth $19,777,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC boosted its position in shares of Alerian MLP ETF by 7.7% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 38,622 shares of the exchange traded fund’s stock valued at $1,887,000 after acquiring an additional 2,775 shares in the last quarter. Americana Partners LLC lifted its stake in Alerian MLP ETF by 68.8% during the second quarter. Americana Partners LLC now owns 21,758 shares of the exchange traded fund’s stock worth $1,063,000 after purchasing an additional 8,871 shares during the period. Parallel Advisors LLC boosted its holdings 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 valued at $369,000 after purchasing an additional 572 shares in the last quarter. Allworth Financial LP boosted its holdings in Alerian MLP ETF by 30.1% during the second quarter. Allworth Financial LP now owns 289,212 shares of the exchange traded fund’s stock valued at $14,131,000 after purchasing an additional 66,989 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd grew its stake in shares of Alerian MLP ETF by 44.6% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 10,353 shares of the exchange traded fund’s stock valued at $506,000 after purchasing an additional 3,195 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $46.79 on Wednesday. The company has a market capitalization of $10.27 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24. The business has a 50 day simple moving average of $46.73 and a 200 day simple moving average of $47.95.

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.