Alerian MLP ETF $AMLP Shares Sold by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 24.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 160,871 shares of the exchange traded fund’s stock after selling 53,450 shares during the quarter. Nicolet Advisory Services LLC owned 0.07% of Alerian MLP ETF worth $7,788,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC acquired a new stake in Alerian MLP ETF in the 4th quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. grew its stake in Alerian MLP ETF by 800.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,000 shares during the period. Palladiem LLC acquired a new stake in Alerian MLP ETF in the 4th quarter valued at $60,000. BROOKFIELD Corp ON acquired a new stake in Alerian MLP ETF in the 2nd quarter valued at $65,000. Finally, First Horizon Corp grew its stake in Alerian MLP ETF by 396.7% in the 4th quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 1,190 shares during the period.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $52.13 on Friday. The company’s fifty day moving average price is $52.79 and its 200 day moving average price is $50.84. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22. The stock has a market capitalization of $12.16 billion, a P/E ratio of 14.17 and a beta of 0.50.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).