Sigma Planning Corp Reduces Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Sigma Planning Corp trimmed its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 45.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,084 shares of the exchange traded fund’s stock after selling 28,826 shares during the period. Sigma Planning Corp’s holdings in Alerian MLP ETF were worth $1,449,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CWM LLC increased its stake in shares of Alerian MLP ETF by 130.5% in the 4th quarter. CWM LLC now owns 12,316 shares of the exchange traded fund’s stock worth $524,000 after acquiring an additional 6,972 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its stake in Alerian MLP ETF by 44.6% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 192,248 shares of the exchange traded fund’s stock valued at $8,174,000 after purchasing an additional 59,313 shares in the last quarter. Signaturefd LLC bought a new stake in Alerian MLP ETF during the 4th quarter valued at about $77,000. J.W. Cole Advisors Inc. increased its stake in Alerian MLP ETF by 22.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 13,745 shares of the exchange traded fund’s stock valued at $584,000 after purchasing an additional 2,553 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its stake in Alerian MLP ETF by 2.5% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 13,915 shares of the exchange traded fund’s stock valued at $592,000 after purchasing an additional 333 shares in the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $47.19 on Tuesday. The firm has a market cap of $8.40 billion, a P/E ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a fifty-two week low of $37.06 and a fifty-two week high of $48.48. The firm has a 50-day simple moving average of $46.45 and a two-hundred day simple moving average of $44.11.

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.