Alerian MLP ETF $AMLP Stake Reduced by Madison Park Capital Advisors LLC

Madison Park Capital Advisors LLC cut its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 67.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,034 shares of the exchange traded fund’s stock after selling 52,356 shares during the quarter. Madison Park Capital Advisors LLC’s holdings in Alerian MLP ETF were worth $1,298,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMLP. Sanctuary Advisors LLC boosted its holdings in shares of Alerian MLP ETF by 20.3% in the fourth quarter. Sanctuary Advisors LLC now owns 184,231 shares of the exchange traded fund’s stock worth $8,663,000 after buying an additional 31,089 shares during the period. Spirepoint Private Client LLC raised its holdings in shares of Alerian MLP ETF by 14.5% during the fourth quarter. Spirepoint Private Client LLC now owns 373,406 shares of the exchange traded fund’s stock valued at $17,558,000 after acquiring an additional 47,217 shares during the period. Searcy Financial Services Inc. ADV raised its holdings in shares of Alerian MLP ETF by 6.6% during the fourth quarter. Searcy Financial Services Inc. ADV now owns 375,719 shares of the exchange traded fund’s stock valued at $17,666,000 after acquiring an additional 23,317 shares during the period. Greenspring Advisors LLC purchased a new stake in shares of Alerian MLP ETF in the 4th quarter valued at approximately $1,622,000. Finally, Transcend Capital Advisors LLC lifted its position in shares of Alerian MLP ETF by 24.3% in the 4th quarter. Transcend Capital Advisors LLC now owns 170,189 shares of the exchange traded fund’s stock valued at $8,002,000 after acquiring an additional 33,268 shares in the last quarter.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $54.36 on Thursday. Alerian MLP ETF has a 52 week low of $44.64 and a 52 week high of $55.62. The firm has a market capitalization of $12.77 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The company has a 50 day moving average price of $52.86 and a 200 day moving average price of $52.34.

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. 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).