Saxon Interests Inc. Increases Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Saxon Interests Inc. grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,887 shares of the exchange traded fund’s stock after purchasing an additional 363 shares during the period. Saxon Interests Inc.’s holdings in Alerian MLP ETF were worth $1,173,000 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. lifted its position in Alerian MLP ETF by 0.7% in the second quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock worth $1,404,000 after buying an additional 208 shares during the last quarter. RDA Financial Network lifted its holdings in shares of 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 acquiring an additional 250 shares during the last quarter. Capital Advisors Ltd. LLC boosted its stake in shares of Alerian MLP ETF by 1.4% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 18,337 shares of the exchange traded fund’s stock worth $880,000 after purchasing an additional 258 shares during the period. Endowment Wealth Management Inc. lifted its stake in Alerian MLP ETF by 1.9% in the second quarter. Endowment Wealth Management Inc. now owns 14,459 shares of the exchange traded fund’s stock worth $694,000 after purchasing an additional 268 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its position in shares of Alerian MLP ETF by 0.3% during the second 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 during the period.

Alerian MLP ETF Trading Up 0.2 %

Shares of NYSEARCA AMLP traded up $0.08 during midday trading on Wednesday, hitting $47.16. The company’s stock had a trading volume of 222,330 shares, compared to its average volume of 1,297,423. Alerian MLP ETF has a 12-month low of $41.06 and a 12-month high of $49.44. The firm has a market cap of $8.48 billion, a P/E ratio of 13.08 and a beta of 0.48. The business’s 50 day moving average is $46.83 and its two-hundred day moving average is $47.03.

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.