Retirement Planning Group LLC Sells 54,928 Shares of Alerian MLP ETF $AMLP

Retirement Planning Group LLC lessened its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 81.6% during the first quarter, HoldingsChannel reports. The fund owned 12,412 shares of the exchange traded fund’s stock after selling 54,928 shares during the quarter. Retirement Planning Group LLC’s holdings in Alerian MLP ETF were worth $653,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in Alerian MLP ETF by 19.4% during the 4th 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 during the last quarter. Qube Research & Technologies Ltd increased its holdings in Alerian MLP ETF by 16.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock worth $6,898,000 after purchasing an additional 19,916 shares in the last quarter. Sei Investments Co. purchased a new stake in shares of Alerian MLP ETF in the second quarter worth approximately $623,000. Diversify Advisory Services LLC purchased a new stake in shares of Alerian MLP ETF in the second quarter worth approximately $224,000. Finally, Quantinno Capital Management LP raised its stake in shares of Alerian MLP ETF by 63.3% in the second quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock worth $2,481,000 after purchasing an additional 19,678 shares during the last quarter.

Alerian MLP ETF Stock Up 0.2%

AMLP stock opened at $53.82 on Wednesday. The firm has a market capitalization of $12.69 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $55.22. The stock’s 50 day moving average is $52.61 and its 200-day moving average is $51.56.

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).