Integrated Advisors Network LLC Sells 20,559 Shares of Alerian MLP ETF $AMLP

Integrated Advisors Network LLC reduced its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 20.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,311 shares of the exchange traded fund’s stock after selling 20,559 shares during the period. Integrated Advisors Network LLC’s holdings in Alerian MLP ETF were worth $4,114,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trivium Point Advisory LLC boosted its stake in shares of Alerian MLP ETF by 649.9% during the second quarter. Trivium Point Advisory LLC now owns 378,254 shares of the exchange traded fund’s stock valued at $19,612,000 after purchasing an additional 327,813 shares during the period. Allen Investment Management LLC grew its holdings in shares of Alerian MLP ETF by 6.8% in the first quarter. Allen Investment Management LLC now owns 4,005,535 shares of the exchange traded fund’s stock worth $210,851,000 after purchasing an additional 254,444 shares during the last quarter. Oxbow Advisors LLC grew its holdings in shares of Alerian MLP ETF by 100.4% in the first quarter. Oxbow Advisors LLC now owns 453,356 shares of the exchange traded fund’s stock worth $23,865,000 after purchasing an additional 227,096 shares during the last quarter. Sanders Morris Harris LLC bought a new position in shares of Alerian MLP ETF in the third quarter worth approximately $10,286,000. Finally, Csenge Advisory Group bought a new position in shares of Alerian MLP ETF in the second quarter worth approximately $9,846,000.

Alerian MLP ETF Stock Up 0.8%

Shares of NYSEARCA AMLP opened at $52.60 on Wednesday. Alerian MLP ETF has a 52 week low of $45.94 and a 52 week high of $56.43. The firm’s fifty day moving average is $54.18 and its 200 day moving average is $53.39. The company has a market cap of $12.69 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54.

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).