Alerian MLP ETF $AMLP Stake Cut by FWG Holdings LLC

FWG Holdings LLC decreased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 52.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,214 shares of the exchange traded fund’s stock after selling 10,058 shares during the quarter. FWG Holdings LLC’s holdings in Alerian MLP ETF were worth $459,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after acquiring an additional 7,280 shares during the period. First Horizon Advisors Inc. lifted its position in Alerian MLP ETF by 40.3% in the 1st quarter. First Horizon Advisors Inc. now owns 1,045 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 300 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Alerian MLP ETF during the 1st quarter valued at about $231,000. Concurrent Investment Advisors LLC grew its position in Alerian MLP ETF by 186.9% in the 1st quarter. Concurrent Investment Advisors LLC now owns 37,351 shares of the exchange traded fund’s stock worth $1,940,000 after purchasing an additional 24,331 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its stake in shares of Alerian MLP ETF by 20.6% in the first quarter. TD Private Client Wealth LLC now owns 8,774 shares of the exchange traded fund’s stock valued at $456,000 after purchasing an additional 1,501 shares during the period.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $46.55 on Wednesday. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.24. The firm has a market capitalization of $10.22 billion, a price-to-earnings ratio of 14.17 and a beta of 0.70. The business has a 50 day simple moving average of $46.99 and a 200 day simple moving average of $48.08.

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.