Boyce & Associates Wealth Consulting Inc. Buys 1,007 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Boyce & Associates Wealth Consulting Inc. grew its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,924 shares of the exchange traded fund’s stock after buying an additional 1,007 shares during the period. Alerian MLP ETF accounts for approximately 1.0% of Boyce & Associates Wealth Consulting Inc.’s portfolio, making the stock its 18th largest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in Alerian MLP ETF were worth $986,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Aurora Private Wealth Inc. raised its holdings in shares of Alerian MLP ETF by 0.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock valued at $1,404,000 after acquiring an additional 208 shares in the last quarter. RDA Financial Network grew its stake in Alerian MLP ETF by 4.6% in the 2nd quarter. RDA Financial Network now owns 5,677 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 250 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in shares of Alerian MLP ETF by 1.4% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 18,337 shares of the exchange traded fund’s stock worth $880,000 after buying an additional 258 shares during the last quarter. Endowment Wealth Management Inc. increased its holdings in shares of Alerian MLP ETF by 1.9% in the 2nd quarter. Endowment Wealth Management Inc. now owns 14,459 shares of the exchange traded fund’s stock worth $694,000 after buying an additional 268 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its position in shares of Alerian MLP ETF by 0.3% during the 2nd quarter. Wealthspire Advisors LLC now owns 88,228 shares of the exchange traded fund’s stock valued at $4,233,000 after buying an additional 288 shares in the last quarter.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA:AMLP opened at $47.09 on Wednesday. The firm has a market capitalization of $8.47 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $41.06 and a 52-week high of $49.44. The firm has a fifty day moving average of $46.83 and a 200 day moving average of $47.03.

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.