Mesirow Financial Investment Management Inc. Buys 1,672 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Mesirow Financial Investment Management Inc. raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 3.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 58,020 shares of the exchange traded fund’s stock after buying an additional 1,672 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Alerian MLP ETF were worth $2,784,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Perissos Private Wealth Management LLC grew its position in shares of Alerian MLP ETF by 14.6% in the 2nd quarter. Perissos Private Wealth Management LLC now owns 16,390 shares of the exchange traded fund’s stock valued at $786,000 after buying an additional 2,082 shares during the last quarter. Marble Harbor Investment Counsel LLC bought a new stake in shares of Alerian MLP ETF during the 2nd quarter valued at about $772,000. Brown Brothers Harriman & Co. boosted its position in shares of Alerian MLP ETF by 32.1% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 1,647 shares of the exchange traded fund’s stock valued at $79,000 after purchasing an additional 400 shares in the last quarter. ICA Group Wealth Management LLC boosted its position in shares of Alerian MLP ETF by 138.6% during the 2nd quarter. ICA Group Wealth Management LLC now owns 2,150 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 1,249 shares in the last quarter. Finally, Mills Wealth Advisors LLC boosted its position in shares of Alerian MLP ETF by 9.5% during the 2nd quarter. Mills Wealth Advisors LLC now owns 63,731 shares of the exchange traded fund’s stock valued at $3,058,000 after purchasing an additional 5,536 shares in the last quarter.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $47.64 on Tuesday. Alerian MLP ETF has a one year low of $40.03 and a one year high of $49.44. The stock’s 50-day moving average is $47.21 and its 200 day moving average is $46.96. The firm has a market cap of $8.57 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

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.