Alerian MLP ETF (NYSEARCA:AMLP) Shares Bought by Eagle Strategies LLC

Eagle Strategies LLC grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 856.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 114,504 shares of the exchange traded fund’s stock after purchasing an additional 102,536 shares during the quarter. Alerian MLP ETF accounts for about 1.1% of Eagle Strategies LLC’s holdings, making the stock its 29th biggest holding. Eagle Strategies LLC’s holdings in Alerian MLP ETF were worth $5,494,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Wells Fargo & Company MN boosted its holdings in shares of Alerian MLP ETF by 14.3% during the fourth quarter. Wells Fargo & Company MN now owns 4,946,698 shares of the exchange traded fund’s stock valued at $210,334,000 after acquiring an additional 619,287 shares during the period. LPL Financial LLC boosted its holdings in shares of Alerian MLP ETF by 8.9% during the second quarter. LPL Financial LLC now owns 2,124,708 shares of the exchange traded fund’s stock valued at $101,943,000 after acquiring an additional 173,805 shares during the period. 1832 Asset Management L.P. boosted its holdings in shares of Alerian MLP ETF by 58.2% during the first quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock valued at $90,784,000 after acquiring an additional 703,620 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Alerian MLP ETF by 6.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,415,927 shares of the exchange traded fund’s stock valued at $60,205,000 after acquiring an additional 87,714 shares during the period. Finally, TIAA Trust National Association lifted its holdings in Alerian MLP ETF by 1.1% in the first quarter. TIAA Trust National Association now owns 980,836 shares of the exchange traded fund’s stock worth $46,550,000 after purchasing an additional 10,517 shares during the period.

Alerian MLP ETF Stock Up 0.0 %

AMLP stock opened at $46.57 on Thursday. The company has a market capitalization of $8.38 billion, a P/E ratio of 13.08 and a beta of 0.48. The company has a 50-day simple moving average of $47.27 and a 200 day simple moving average of $46.92. Alerian MLP ETF has a fifty-two week low of $40.03 and a fifty-two week high of $49.44.

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.