Albion Financial Group UT Sells 345 Shares of Alerian MLP ETF $AMLP

Albion Financial Group UT lessened its position in Alerian MLP ETF (NYSEARCA:AMLP) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,239 shares of the exchange traded fund’s stock after selling 345 shares during the quarter. Albion Financial Group UT’s holdings in Alerian MLP ETF were worth $1,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in AMLP. LPL Financial LLC increased its position 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 valued at $168,232,000 after purchasing an additional 437,947 shares during the last quarter. Allen Investment Management LLC boosted its stake in Alerian MLP ETF by 31.7% in the first quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock worth $160,002,000 after buying an additional 740,605 shares in the last quarter. Raymond James Financial Inc. grew its position in Alerian MLP ETF by 18.6% during the first quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock valued at $133,140,000 after acquiring an additional 401,133 shares during the last quarter. Naviter Wealth LLC raised its stake in shares of Alerian MLP ETF by 4.1% during the first quarter. Naviter Wealth LLC now owns 1,116,240 shares of the exchange traded fund’s stock worth $58,123,000 after acquiring an additional 43,833 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Alerian MLP ETF by 4.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 705,284 shares of the exchange traded fund’s stock worth $36,632,000 after acquiring an additional 30,328 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of Alerian MLP ETF stock opened at $47.56 on Monday. Alerian MLP ETF has a 52-week low of $43.75 and a 52-week high of $53.24. The company has a fifty day moving average of $48.31 and a 200-day moving average of $48.72. The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42.

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.