Alerian MLP ETF $AMLP Shares Bought by MGO One Seven LLC

MGO One Seven LLC raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 12.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,995 shares of the exchange traded fund’s stock after acquiring an additional 642 shares during the period. MGO One Seven LLC’s holdings in Alerian MLP ETF were worth $293,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Auour Investments LLC boosted its stake in Alerian MLP ETF by 1.2% in the first quarter. Auour Investments LLC now owns 18,171 shares of the exchange traded fund’s stock valued at $877,000 after acquiring an additional 223 shares during the period. Fountainhead AM LLC raised its holdings in shares of Alerian MLP ETF by 4.1% during the first quarter. Fountainhead AM LLC now owns 5,798 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 227 shares during the last quarter. NBC Securities Inc. raised its holdings in shares of Alerian MLP ETF by 1.1% during the second quarter. NBC Securities Inc. now owns 21,543 shares of the exchange traded fund’s stock valued at $1,052,000 after buying an additional 237 shares during the last quarter. AE Wealth Management LLC raised its holdings in shares of Alerian MLP ETF by 7.3% during the first quarter. AE Wealth Management LLC now owns 3,622 shares of the exchange traded fund’s stock valued at $188,000 after buying an additional 246 shares during the last quarter. Finally, Arlington Trust Co LLC raised its holdings in shares of Alerian MLP ETF by 8.5% during the second quarter. Arlington Trust Co LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $157,000 after buying an additional 250 shares during the last quarter.

Alerian MLP ETF Trading Up 0.4%

AMLP opened at $45.63 on Monday. The business’s 50 day moving average is $47.36 and its 200-day moving average is $48.10. The stock has a market cap of $10.02 billion, a PE ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24.

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.