Alerian MLP ETF $AMLP Stock: Tempus Wealth Planning LLC Reduces Stake

Tempus Wealth Planning LLC reduced its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 66.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,111 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. Tempus Wealth Planning LLC’s holdings in Alerian MLP ETF were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Allen Investment Management LLC boosted 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 valued at $210,851,000 after acquiring an additional 254,444 shares in the last quarter. Royal Bank of Canada raised its holdings in Alerian MLP ETF by 6.8% during the first quarter. Royal Bank of Canada now owns 2,414,295 shares of the exchange traded fund’s stock worth $127,088,000 after purchasing an additional 154,146 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Alerian MLP ETF by 6.4% during the second quarter. Envestnet Asset Management Inc. now owns 965,702 shares of the exchange traded fund’s stock worth $50,072,000 after purchasing an additional 57,663 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in Alerian MLP ETF by 6.8% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 882,651 shares of the exchange traded fund’s stock worth $46,463,000 after purchasing an additional 56,516 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Alerian MLP ETF by 12.6% during the second quarter. NewEdge Advisors LLC now owns 627,920 shares of the exchange traded fund’s stock worth $32,558,000 after purchasing an additional 70,402 shares in the last quarter.

Alerian MLP ETF Price Performance

AMLP opened at $52.38 on Thursday. The company has a market capitalization of $12.63 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54. Alerian MLP ETF has a 1-year low of $45.22 and a 1-year high of $56.43. The business has a 50 day moving average price of $54.39 and a two-hundred day moving average price of $53.40.

About Alerian MLP ETF

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).