1832 Asset Management L.P. Sells 92,676 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

1832 Asset Management L.P. decreased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,820,174 shares of the exchange traded fund’s stock after selling 92,676 shares during the period. 1832 Asset Management L.P. owned approximately 1.01% of Alerian MLP ETF worth $87,332,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Retirement Planning Group LLC increased its position in Alerian MLP ETF by 24.3% during the second quarter. Retirement Planning Group LLC now owns 7,612 shares of the exchange traded fund’s stock valued at $365,000 after acquiring an additional 1,489 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Alerian MLP ETF by 1.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 56,522 shares of the exchange traded fund’s stock valued at $2,403,000 after purchasing an additional 824 shares during the period. Salem Investment Counselors Inc. boosted its stake in shares of Alerian MLP ETF by 48.9% during the first quarter. Salem Investment Counselors Inc. now owns 60,999 shares of the exchange traded fund’s stock valued at $2,895,000 after purchasing an additional 20,023 shares during the period. Kingswood Wealth Advisors LLC boosted its stake in shares of Alerian MLP ETF by 36.7% during the first quarter. Kingswood Wealth Advisors LLC now owns 10,104 shares of the exchange traded fund’s stock valued at $480,000 after purchasing an additional 2,714 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Alerian MLP ETF by 6.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,415,927 shares of the exchange traded fund’s stock valued at $60,205,000 after purchasing an additional 87,714 shares during the period.

Alerian MLP ETF Trading Down 0.0 %

Shares of AMLP opened at $47.17 on Monday. The firm has a market capitalization of $8.48 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12-month low of $40.03 and a 12-month high of $49.44. The firm has a fifty day moving average price of $47.13 and a 200-day moving average price of $46.99.

Alerian MLP ETF 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.