Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Creative Planning

Creative Planning lessened its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,332,881 shares of the exchange traded fund’s stock after selling 13,650 shares during the quarter. Creative Planning owned 1.30% of Alerian MLP ETF worth $109,949,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Park Avenue Securities LLC boosted its position in shares of Alerian MLP ETF by 52.6% in the first quarter. Park Avenue Securities LLC now owns 21,335 shares of the exchange traded fund’s stock worth $1,013,000 after buying an additional 7,351 shares during the period. International Assets Investment Management LLC grew its position in Alerian MLP ETF by 2.4% in the first quarter. International Assets Investment Management LLC now owns 24,447 shares of the exchange traded fund’s stock valued at $1,161,000 after acquiring an additional 573 shares in the last quarter. Salem Investment Counselors Inc. raised 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. Global Trust Asset Management LLC lifted its position in shares of Alerian MLP ETF by 209.8% during the first quarter. Global Trust Asset Management LLC now owns 6,350 shares of the exchange traded fund’s stock worth $301,000 after purchasing an additional 4,300 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its stake in shares of Alerian MLP ETF by 36.7% in 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.

Alerian MLP ETF Trading Up 0.0 %

AMLP opened at $47.11 on Friday. Alerian MLP ETF has a twelve month low of $41.06 and a twelve month high of $49.44. The firm has a market cap of $8.47 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The company has a fifty day simple moving average of $46.93 and a 200 day simple moving average of $47.04.

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.