BTG Pactual Asset Management US LLC Sells 9,868 Shares of Alerian MLP ETF $AMLP

BTG Pactual Asset Management US LLC reduced its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 24.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,599 shares of the exchange traded fund’s stock after selling 9,868 shares during the period. BTG Pactual Asset Management US LLC’s holdings in Alerian MLP ETF were worth $1,587,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AMLP. Sigma Planning Corp lifted its stake in shares of Alerian MLP ETF by 6.3% during the 2nd quarter. Sigma Planning Corp now owns 62,949 shares of the exchange traded fund’s stock worth $3,264,000 after buying an additional 3,706 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in shares of Alerian MLP ETF by 8.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 29,453 shares of the exchange traded fund’s stock worth $1,527,000 after buying an additional 2,404 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Alerian MLP ETF by 6.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 30,178 shares of the exchange traded fund’s stock valued at $1,565,000 after buying an additional 1,806 shares during the last quarter. Wedbush Securities Inc. raised its holdings in Alerian MLP ETF by 5.9% in the 2nd quarter. Wedbush Securities Inc. now owns 30,061 shares of the exchange traded fund’s stock valued at $1,559,000 after acquiring an additional 1,674 shares during the period. Finally, Hollencrest Capital Management bought a new position in Alerian MLP ETF in the 2nd quarter valued at about $35,000.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $55.24 on Monday. The firm has a 50 day moving average price of $53.86 and a two-hundred day moving average price of $52.95. The company has a market capitalization of $12.98 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.66.

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).