Park Avenue Securities LLC Acquires 9,088 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Park Avenue Securities LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 38.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,525 shares of the exchange traded fund’s stock after acquiring an additional 9,088 shares during the quarter. Park Avenue Securities LLC’s holdings in Alerian MLP ETF were worth $1,566,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. LPL Financial LLC increased its holdings in shares of Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after acquiring an additional 275,254 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Alerian MLP ETF by 2.4% during the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after buying an additional 24,674 shares in the last quarter. Stephens Inc. AR grew its holdings in shares of Alerian MLP ETF by 2.8% during the third quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock worth $46,387,000 after buying an additional 26,882 shares in the last quarter. Naviter Wealth LLC grew its holdings in shares of Alerian MLP ETF by 14.2% during the third quarter. Naviter Wealth LLC now owns 877,080 shares of the exchange traded fund’s stock worth $41,337,000 after buying an additional 108,804 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Alerian MLP ETF by 10.7% during the third quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock worth $41,091,000 after buying an additional 83,961 shares in the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $51.71 on Friday. The company has a market cap of $9.30 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $42.25 and a 52-week high of $51.75. The stock has a 50-day simple moving average of $49.01 and a 200 day simple moving average of $47.88.

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.