Alerian MLP ETF $AMLP Stock Purchased by Sigma Planning Corp

Sigma Planning Corp raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 17.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 73,976 shares of the exchange traded fund’s stock after purchasing an additional 11,027 shares during the period. Sigma Planning Corp’s holdings in Alerian MLP ETF were worth $3,837,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allen Investment Management LLC lifted its stake in shares of Alerian MLP ETF by 6.8% during the 1st quarter. Allen Investment Management LLC now owns 4,005,535 shares of the exchange traded fund’s stock worth $210,851,000 after buying an additional 254,444 shares during the last quarter. Royal Bank of Canada grew its stake in Alerian MLP ETF by 6.8% in the 1st quarter. Royal Bank of Canada now owns 2,414,295 shares of the exchange traded fund’s stock valued at $127,088,000 after buying an additional 154,146 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Alerian MLP ETF by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 965,702 shares of the exchange traded fund’s stock valued at $50,072,000 after buying an additional 57,663 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in Alerian MLP ETF by 6.8% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 882,651 shares of the exchange traded fund’s stock valued at $46,463,000 after buying an additional 56,516 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Alerian MLP ETF by 12.6% in the 2nd quarter. NewEdge Advisors LLC now owns 627,920 shares of the exchange traded fund’s stock valued at $32,558,000 after buying an additional 70,402 shares during the last quarter.

Alerian MLP ETF Stock Up 0.3%

Alerian MLP ETF stock opened at $53.32 on Tuesday. The stock has a market cap of $12.86 billion, a P/E ratio of 14.17 and a beta of 0.54. Alerian MLP ETF has a twelve month low of $46.04 and a twelve month high of $56.43. The company’s 50-day moving average price is $54.01 and its two-hundred day moving average price is $52.72.

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).