Brighton Jones LLC Sells 770 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Brighton Jones LLC trimmed its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 1.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,931 shares of the exchange traded fund’s stock after selling 770 shares during the period. Brighton Jones LLC’s holdings in Alerian MLP ETF were worth $2,156,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. DDFG Inc grew its position in Alerian MLP ETF by 6.2% during the fourth quarter. DDFG Inc now owns 13,630 shares of the exchange traded fund’s stock valued at $580,000 after acquiring an additional 798 shares during the last quarter. Trexquant Investment LP grew its position in Alerian MLP ETF by 7.6% during the fourth quarter. Trexquant Investment LP now owns 11,287 shares of the exchange traded fund’s stock valued at $480,000 after acquiring an additional 798 shares during the last quarter. CreativeOne Wealth LLC bought a new position in Alerian MLP ETF during the fourth quarter valued at approximately $202,000. Cambridge Investment Research Advisors Inc. grew its position in Alerian MLP ETF by 156.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 395,419 shares of the exchange traded fund’s stock valued at $16,813,000 after acquiring an additional 241,163 shares during the last quarter. Finally, Orion Portfolio Solutions LLC grew its position in Alerian MLP ETF by 1.6% during the fourth quarter. Orion Portfolio Solutions LLC now owns 38,045 shares of the exchange traded fund’s stock valued at $1,630,000 after acquiring an additional 612 shares during the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $47.17 on Friday. The firm has a market cap of $8.48 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a fifty-two week low of $40.03 and a fifty-two week high of $49.44. The business has a 50 day moving average price of $47.16 and a 200-day moving average price of $46.97.

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.