Kestra Private Wealth Services LLC Trims Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Kestra Private Wealth Services LLC lessened its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 7.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,705 shares of the exchange traded fund’s stock after selling 1,260 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Alerian MLP ETF were worth $710,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Eagle Strategies LLC raised its position in Alerian MLP ETF by 4.8% in the 3rd quarter. Eagle Strategies LLC now owns 85,320 shares of the exchange traded fund’s stock valued at $3,601,000 after purchasing an additional 3,921 shares during the last quarter. Raymond James & Associates raised its position in Alerian MLP ETF by 5.1% in the 4th quarter. Raymond James & Associates now owns 1,305,809 shares of the exchange traded fund’s stock valued at $55,523,000 after purchasing an additional 63,053 shares during the last quarter. Ritholtz Wealth Management purchased a new stake in Alerian MLP ETF in the 4th quarter valued at $219,000. Aurora Private Wealth Inc. raised its position in Alerian MLP ETF by 2.0% in the 4th quarter. Aurora Private Wealth Inc. now owns 28,729 shares of the exchange traded fund’s stock valued at $1,222,000 after purchasing an additional 574 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in Alerian MLP ETF by 3,469.7% in the 4th quarter. International Assets Investment Management LLC now owns 1,015,120 shares of the exchange traded fund’s stock valued at $431,630,000 after purchasing an additional 986,683 shares during the last quarter.

Alerian MLP ETF Price Performance

AMLP stock opened at $47.30 on Monday. The company has a fifty day moving average price of $46.86 and a 200 day moving average price of $44.42. Alerian MLP ETF has a 12 month low of $37.06 and a 12 month high of $48.48. The company has a market cap of $8.51 billion, a price-to-earnings 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.