Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC decreased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 7.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 395,923 shares of the exchange traded fund’s stock after selling 33,108 shares during the quarter. Prime Capital Investment Advisors LLC owned about 0.22% of Alerian MLP ETF worth $18,996,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of AMLP. Aurora Private Wealth Inc. increased its position in shares of Alerian MLP ETF by 0.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock valued at $1,404,000 after acquiring an additional 208 shares during the period. RDA Financial Network raised its stake in shares of Alerian MLP ETF by 4.6% in the second quarter. RDA Financial Network now owns 5,677 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 250 shares during the last quarter. Capital Advisors Ltd. LLC lifted its holdings in shares of Alerian MLP ETF by 1.4% during the second 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. Beacon Pointe Advisors LLC boosted its position in Alerian MLP ETF by 0.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 38,930 shares of the exchange traded fund’s stock valued at $1,655,000 after buying an additional 262 shares during the last quarter. Finally, Endowment Wealth Management Inc. increased its holdings in Alerian MLP ETF by 1.9% in the 2nd quarter. Endowment Wealth Management Inc. now owns 14,459 shares of the exchange traded fund’s stock worth $694,000 after buying an additional 268 shares during the period.

Alerian MLP ETF Trading Up 0.9 %

AMLP opened at $47.40 on Friday. The firm has a 50 day moving average of $47.22 and a two-hundred day moving average of $46.94. Alerian MLP ETF has a 12-month low of $40.03 and a 12-month high of $49.44. The firm has a market capitalization of $8.53 billion, a PE ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Company 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.