Berkeley Capital Partners LLC Increases Holdings in Alerian MLP ETF $AMLP

Berkeley Capital Partners LLC increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,385 shares of the exchange traded fund’s stock after purchasing an additional 270 shares during the quarter. Alerian MLP ETF comprises about 0.8% of Berkeley Capital Partners LLC’s holdings, making the stock its 20th largest position. Berkeley Capital Partners LLC’s holdings in Alerian MLP ETF were worth $3,048,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in AMLP. Brighton Jones LLC grew its position in shares of Alerian MLP ETF by 19.4% in the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after purchasing an additional 7,280 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of Alerian MLP ETF by 153.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,437 shares of the exchange traded fund’s stock valued at $646,000 after purchasing an additional 7,531 shares in the last quarter. Advisor Resource Council purchased a new position in shares of Alerian MLP ETF in the first quarter valued at $557,000. PFG Investments LLC grew its position in shares of Alerian MLP ETF by 38.7% in the first quarter. PFG Investments LLC now owns 22,718 shares of the exchange traded fund’s stock valued at $1,180,000 after purchasing an additional 6,344 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Alerian MLP ETF by 69.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 446,713 shares of the exchange traded fund’s stock valued at $23,202,000 after purchasing an additional 183,718 shares in the last quarter.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $46.35 on Tuesday. The stock has a market cap of $10.18 billion, a PE ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The stock has a fifty day moving average of $47.32 and a 200-day moving average of $48.10.

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.