Evergreen Capital Management LLC Grows Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Evergreen Capital Management LLC lifted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 0.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 159,466 shares of the exchange traded fund’s stock after purchasing an additional 773 shares during the quarter. Evergreen Capital Management LLC owned approximately 0.09% of Alerian MLP ETF worth $7,651,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new stake in shares of Alerian MLP ETF in the 1st quarter valued at about $27,000. Asset Dedication LLC lifted its position in Alerian MLP ETF by 1,244.0% during the 2nd quarter. Asset Dedication LLC now owns 672 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 622 shares during the period. ICA Group Wealth Management LLC acquired a new stake in Alerian MLP ETF during the 4th quarter worth approximately $38,000. Ridgewood Investments LLC acquired a new stake in Alerian MLP ETF during the 2nd quarter worth approximately $52,000. Finally, Optimum Investment Advisors lifted its position in Alerian MLP ETF by 40.0% during the 2nd quarter. Optimum Investment Advisors now owns 1,400 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 400 shares during the period.

Alerian MLP ETF Trading Down 0.0 %

Alerian MLP ETF stock opened at $47.17 on Monday. Alerian MLP ETF has a twelve month low of $40.03 and a twelve month high of $49.44. The stock has a 50 day moving average of $47.13 and a two-hundred day moving average of $46.99. The stock has a market capitalization of $8.48 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

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.