Focus Partners Advisor Solutions LLC Sells 1,600 Shares of Alerian MLP ETF $AMLP

Focus Partners Advisor Solutions LLC decreased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 8.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,432 shares of the exchange traded fund’s stock after selling 1,600 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Alerian MLP ETF were worth $852,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its position in Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after acquiring an additional 7,280 shares during the period. Golden State Wealth Management LLC bought a new position in Alerian MLP ETF during the first quarter worth $34,000. Sequoia Financial Advisors LLC increased its position in Alerian MLP ETF by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,118 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 275 shares during the period. DAVENPORT & Co LLC increased its position in Alerian MLP ETF by 21.1% during the first quarter. DAVENPORT & Co LLC now owns 106,628 shares of the exchange traded fund’s stock worth $5,538,000 after acquiring an additional 18,593 shares during the period. Finally, Private Trust Co. NA increased its position in Alerian MLP ETF by 25.4% during the first quarter. Private Trust Co. NA now owns 35,885 shares of the exchange traded fund’s stock worth $1,864,000 after acquiring an additional 7,264 shares during the period.

Alerian MLP ETF Trading Up 0.1%

Shares of AMLP stock opened at $46.95 on Wednesday. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.24. The firm’s fifty day simple moving average is $47.13 and its 200 day simple moving average is $48.13. The firm has a market capitalization of $10.33 billion, a P/E ratio of 14.17 and a beta of 0.70.

Alerian MLP ETF Company 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.