U.S. Capital Wealth Advisors LLC Buys 5,893 Shares of Alerian MLP ETF $AMLP

U.S. Capital Wealth Advisors LLC lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 6.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 98,976 shares of the exchange traded fund’s stock after purchasing an additional 5,893 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $4,836,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMLP. Allen Investment Management LLC increased its position in Alerian MLP ETF by 31.7% during the first quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock valued at $160,002,000 after acquiring an additional 740,605 shares during the last quarter. Aurora Private Wealth Inc. lifted its holdings in shares of Alerian MLP ETF by 1,737.3% in the 1st quarter. Aurora Private Wealth Inc. now owns 520,327 shares of the exchange traded fund’s stock worth $27,026,000 after acquiring an additional 492,007 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Alerian MLP ETF by 15.6% during the 1st quarter. LPL Financial LLC now owns 3,238,970 shares of the exchange traded fund’s stock worth $168,232,000 after purchasing an additional 437,947 shares during the period. Raymond James Financial Inc. grew its holdings in Alerian MLP ETF by 18.6% during the 1st quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock valued at $133,140,000 after purchasing an additional 401,133 shares during the last quarter. Finally, SOA Wealth Advisors LLC. bought a new position in Alerian MLP ETF during the 1st quarter valued at about $15,492,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA AMLP opened at $46.51 on Tuesday. The company has a market cap of $10.00 billion, a P/E ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.24. The firm has a 50-day simple moving average of $48.43 and a two-hundred day simple moving average of $48.82.

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.