Retirement Financial Solutions LLC Cuts Stock Holdings in Alerian MLP ETF $AMLP

Retirement Financial Solutions LLC lowered its position in Alerian MLP ETF (NYSEARCA:AMLP) by 12.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,283 shares of the exchange traded fund’s stock after selling 1,078 shares during the period. Alerian MLP ETF comprises approximately 0.2% of Retirement Financial Solutions LLC’s holdings, making the stock its 29th largest position. Retirement Financial Solutions LLC’s holdings in Alerian MLP ETF were worth $356,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMLP. Auour Investments LLC raised its stake in shares of Alerian MLP ETF by 1.2% during the 1st quarter. Auour Investments LLC now owns 18,171 shares of the exchange traded fund’s stock worth $877,000 after buying an additional 223 shares in the last quarter. Fountainhead AM LLC grew its holdings in Alerian MLP ETF by 4.1% during the first quarter. Fountainhead AM LLC now owns 5,798 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 227 shares during the period. NBC Securities Inc. grew its holdings in Alerian MLP ETF by 1.1% during the second quarter. NBC Securities Inc. now owns 21,543 shares of the exchange traded fund’s stock worth $1,052,000 after acquiring an additional 237 shares during the period. AE Wealth Management LLC raised its position in Alerian MLP ETF by 7.3% in the first quarter. AE Wealth Management LLC now owns 3,622 shares of the exchange traded fund’s stock worth $188,000 after acquiring an additional 246 shares in the last quarter. Finally, Arlington Trust Co LLC raised its position in Alerian MLP ETF by 8.5% in the second quarter. Arlington Trust Co LLC now owns 3,207 shares of the exchange traded fund’s stock worth $157,000 after acquiring an additional 250 shares in the last quarter.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $46.64 on Monday. The company has a market cap of $10.24 billion, a P/E ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24. The business has a fifty day moving average of $47.05 and a two-hundred day moving average of $48.11.

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.