McIlrath & Eck LLC Decreases Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

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McIlrath & Eck LLC trimmed its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 19.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,984 shares of the exchange traded fund’s stock after selling 1,898 shares during the period. McIlrath & Eck LLC’s holdings in Alerian MLP ETF were worth $73,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AMLP. Creative Planning lifted its position in shares of Alerian MLP ETF by 77.5% during the third quarter. Creative Planning now owns 27,154,066 shares of the exchange traded fund’s stock valued at $248,188,000 after buying an additional 11,852,224 shares during the last quarter. Hershey Trust Co. purchased a new stake in shares of Alerian MLP ETF during the second quarter valued at about $50,173,000. Sfmg LLC lifted its position in shares of Alerian MLP ETF by 385.3% during the second quarter. Sfmg LLC now owns 3,941,256 shares of the exchange traded fund’s stock valued at $39,373,000 after buying an additional 3,129,129 shares during the last quarter. Diameter Capital Partners LP lifted its position in shares of Alerian MLP ETF by 124.0% during the second quarter. Diameter Capital Partners LP now owns 2,800,000 shares of the exchange traded fund’s stock valued at $27,580,000 after buying an additional 1,550,000 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in shares of Alerian MLP ETF by 5.0% during the second quarter. Royal Bank of Canada now owns 25,592,307 shares of the exchange traded fund’s stock valued at $252,083,000 after buying an additional 1,210,944 shares during the last quarter.

Shares of AMLP stock traded down $0.02 during mid-day trading on Friday, hitting $8.36. 28,063,401 shares of the stock traded hands, compared to its average volume of 15,991,327. The stock’s fifty day moving average is $8.85 and its two-hundred day moving average is $9.45. Alerian MLP ETF has a 52-week low of $8.27 and a 52-week high of $10.25.

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.

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Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLP).

Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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