Pathstone Holdings LLC Decreases Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Pathstone Holdings LLC cut its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,840 shares of the exchange traded fund’s stock after selling 1,395 shares during the period. Pathstone Holdings LLC’s holdings in Alerian MLP ETF were worth $2,537,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AMLP. Aurora Private Wealth Inc. grew its holdings in Alerian MLP ETF by 0.7% during the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock worth $1,404,000 after acquiring an additional 208 shares in the last quarter. Cypress Wealth Services LLC grew its stake in Alerian MLP ETF by 3.7% in the third quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock worth $284,000 after purchasing an additional 217 shares in the last quarter. Retirement Planning Group LLC grew its stake in Alerian MLP ETF by 2.9% in the third quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock worth $369,000 after purchasing an additional 218 shares in the last quarter. Opal Wealth Advisors LLC increased its holdings in Alerian MLP ETF by 2.7% in the third quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock valued at $432,000 after buying an additional 242 shares during the last quarter. Finally, Mach 1 Financial Group LLC raised its stake in Alerian MLP ETF by 2.4% during the third quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after buying an additional 244 shares in the last quarter.

Alerian MLP ETF Stock Down 0.9 %

NYSEARCA:AMLP opened at $49.16 on Tuesday. The company has a market cap of $8.84 billion, a PE ratio of 13.08 and a beta of 0.48. The business’s 50 day moving average is $47.48 and its two-hundred day moving average is $47.13. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $49.90.

About Alerian MLP ETF

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.