Fifth Third Securities Inc. Reduces Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Fifth Third Securities Inc. trimmed its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 56.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,175 shares of the exchange traded fund’s stock after selling 106,954 shares during the period. Fifth Third Securities Inc.’s holdings in Alerian MLP ETF were worth $4,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of AMLP. Thrivent Financial for Lutherans boosted its holdings in shares of Alerian MLP ETF by 2.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 26,856 shares of the exchange traded fund’s stock valued at $1,289,000 after buying an additional 531 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Alerian MLP ETF by 18.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,216 shares of the exchange traded fund’s stock valued at $1,306,000 after acquiring an additional 4,190 shares in the last quarter. Truist Financial Corp grew its holdings in shares of Alerian MLP ETF by 14.1% during the second quarter. Truist Financial Corp now owns 118,304 shares of the exchange traded fund’s stock worth $5,676,000 after purchasing an additional 14,603 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Alerian MLP ETF during the second quarter worth about $5,136,000. Finally, Centaurus Financial Inc. lifted its holdings in shares of Alerian MLP ETF by 40.9% in the 2nd quarter. Centaurus Financial Inc. now owns 68,543 shares of the exchange traded fund’s stock valued at $3,289,000 after purchasing an additional 19,909 shares during the last quarter.

Alerian MLP ETF Stock Up 0.4 %

NYSEARCA:AMLP opened at $52.13 on Friday. The company has a market capitalization of $9.38 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $52.82. The stock’s 50 day moving average price is $49.70 and its 200 day moving average price is $48.11.

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.