L.K. Benson & Company P.C. Raises Stock Holdings in Alerian MLP ETF $AMLP

L.K. Benson & Company P.C. raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,866 shares of the exchange traded fund’s stock after purchasing an additional 329 shares during the quarter. L.K. Benson & Company P.C.’s holdings in Alerian MLP ETF were worth $433,000 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. Auour Investments LLC grew its stake in shares of Alerian MLP ETF by 1.2% in the first quarter. Auour Investments LLC now owns 18,171 shares of the exchange traded fund’s stock valued at $877,000 after buying an additional 223 shares in the last quarter. Fountainhead AM LLC grew its stake in shares of Alerian MLP ETF by 4.1% in the first quarter. Fountainhead AM LLC now owns 5,798 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 227 shares in the last quarter. NBC Securities Inc. grew its stake in shares of Alerian MLP ETF by 1.1% in the second quarter. NBC Securities Inc. now owns 21,543 shares of the exchange traded fund’s stock valued at $1,052,000 after buying an additional 237 shares in the last quarter. AE Wealth Management LLC grew its stake in shares of Alerian MLP ETF by 7.3% in the first quarter. AE Wealth Management LLC now owns 3,622 shares of the exchange traded fund’s stock valued at $188,000 after buying an additional 246 shares in the last quarter. Finally, Sowell Financial Services LLC grew its stake in Alerian MLP ETF by 1.5% during the 1st quarter. Sowell Financial Services LLC now owns 17,014 shares of the exchange traded fund’s stock worth $884,000 after purchasing an additional 250 shares in the last quarter.

Alerian MLP ETF Price Performance

AMLP opened at $46.35 on Thursday. The stock has a market capitalization of $10.15 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42. The business has a fifty day moving average price of $47.92 and a 200 day moving average price of $48.47. Alerian MLP ETF has a 12 month low of $43.75 and a 12 month high of $53.24.

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.