Choreo LLC Sells 699 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Choreo LLC trimmed its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 500,214 shares of the exchange traded fund’s stock after selling 699 shares during the quarter. Choreo LLC owned approximately 0.28% of Alerian MLP ETF worth $24,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Truist Financial Corp lifted its holdings in Alerian MLP ETF by 14.1% in the 2nd quarter. Truist Financial Corp now owns 118,304 shares of the exchange traded fund’s stock worth $5,676,000 after buying an additional 14,603 shares during the period. Park Avenue Securities LLC lifted its holdings in Alerian MLP ETF by 14.2% in the 3rd quarter. Park Avenue Securities LLC now owns 23,437 shares of the exchange traded fund’s stock worth $1,105,000 after buying an additional 2,920 shares during the period. Heartwood Wealth Advisors LLC lifted its holdings in Alerian MLP ETF by 2.1% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 61,255 shares of the exchange traded fund’s stock worth $2,887,000 after buying an additional 1,263 shares during the period. Aprio Wealth Management LLC lifted its holdings in Alerian MLP ETF by 23.4% in the 3rd quarter. Aprio Wealth Management LLC now owns 46,432 shares of the exchange traded fund’s stock worth $2,188,000 after buying an additional 8,796 shares during the period. Finally, Alpha Cubed Investments LLC purchased a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $203,000.

Alerian MLP ETF Stock Performance

NYSEARCA AMLP opened at $52.71 on Wednesday. Alerian MLP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $52.85. The stock has a 50 day simple moving average of $49.86 and a two-hundred day simple moving average of $48.17. The stock has a market cap of $9.48 billion, a P/E ratio of 13.08 and a beta of 0.48.

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.