Lake Street Private Wealth LLC Boosts Position in Alerian MLP ETF (NYSEARCA:AMLP)

Lake Street Private Wealth LLC boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 1.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 53,144 shares of the exchange traded fund’s stock after acquiring an additional 747 shares during the quarter. Lake Street Private Wealth LLC’s holdings in Alerian MLP ETF were worth $2,505,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in AMLP. Private Advisor Group LLC boosted its stake in Alerian MLP ETF by 10.2% during the 3rd quarter. Private Advisor Group LLC now owns 209,166 shares of the exchange traded fund’s stock worth $9,858,000 after purchasing an additional 19,380 shares during the last quarter. Fortis Group Advisors LLC raised its holdings in Alerian MLP ETF by 5.0% in the 3rd quarter. Fortis Group Advisors LLC now owns 114,638 shares of the exchange traded fund’s stock valued at $5,403,000 after buying an additional 5,468 shares during the period. Venture Visionary Partners LLC raised its holdings in Alerian MLP ETF by 7.3% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,158 shares of the exchange traded fund’s stock valued at $526,000 after buying an additional 756 shares during the period. Wealth Effects LLC raised its holdings in Alerian MLP ETF by 2.6% in the 3rd quarter. Wealth Effects LLC now owns 12,855 shares of the exchange traded fund’s stock valued at $606,000 after buying an additional 320 shares during the period. Finally, Castleview Partners LLC grew its position in Alerian MLP ETF by 65.6% in the 3rd quarter. Castleview Partners LLC now owns 5,231 shares of the exchange traded fund’s stock valued at $247,000 after acquiring an additional 2,073 shares in the last quarter.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock traded down $0.07 on Wednesday, reaching $46.79. 263,426 shares of the company were exchanged, compared to its average volume of 1,291,626. Alerian MLP ETF has a 1-year low of $41.06 and a 1-year high of $49.44. The company has a market cap of $8.42 billion, a P/E ratio of 13.08 and a beta of 0.48. The stock’s 50 day moving average price is $47.02 and its 200-day moving average price is $47.01.

Alerian MLP ETF Company Profile

(Free Report)

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.

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