Regency Capital Management Inc. DE Purchases New Shares in Alerian MLP ETF (NYSEARCA:AMLP)

Regency Capital Management Inc. DE purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,875 shares of the exchange traded fund’s stock, valued at approximately $1,721,000. Alerian MLP ETF comprises about 1.1% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 27th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC boosted its stake in Alerian MLP ETF by 8.9% in the second quarter. LPL Financial LLC now owns 2,124,708 shares of the exchange traded fund’s stock valued at $101,943,000 after acquiring an additional 173,805 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Alerian MLP ETF by 15.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock worth $96,317,000 after purchasing an additional 272,696 shares during the period. 1832 Asset Management L.P. grew its stake in shares of Alerian MLP ETF by 58.2% during the first quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock worth $90,784,000 after purchasing an additional 703,620 shares during the period. Allen Investment Management LLC increased its holdings in Alerian MLP ETF by 16.8% in the second quarter. Allen Investment Management LLC now owns 1,315,442 shares of the exchange traded fund’s stock valued at $63,115,000 after purchasing an additional 188,980 shares during the last quarter. Finally, TIAA Trust National Association lifted its stake in Alerian MLP ETF by 1.1% in the first quarter. TIAA Trust National Association now owns 980,836 shares of the exchange traded fund’s stock valued at $46,550,000 after buying an additional 10,517 shares during the period.

Alerian MLP ETF Trading Up 0.3 %

Shares of AMLP opened at $47.13 on Tuesday. The stock has a market cap of $8.48 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1 year low of $40.03 and a 1 year high of $49.44. The stock’s 50-day moving average price is $46.93 and its two-hundred day moving average price is $47.01.

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.