Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC decreased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 16,027 shares of the exchange traded fund’s stock after selling 595 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Alerian MLP ETF were worth $755,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hilton Capital Management LLC bought a new position in Alerian MLP ETF in the 3rd quarter valued at about $31,562,000. Blair William & Co. IL lifted its stake in shares of Alerian MLP ETF by 260.0% in the 2nd quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock worth $23,265,000 after acquiring an additional 350,196 shares during the period. School Employees Retirement Board of Ohio bought a new position in shares of Alerian MLP ETF in the third quarter valued at approximately $14,643,000. LPL Financial LLC boosted its holdings in shares of Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after acquiring an additional 275,254 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Alerian MLP ETF by 15.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock valued at $96,317,000 after acquiring an additional 272,696 shares during the period.

Alerian MLP ETF Stock Performance

AMLP opened at $49.15 on Tuesday. The stock’s fifty day moving average is $48.07 and its 200-day moving average is $47.39. Alerian MLP ETF has a one year low of $41.06 and a one year high of $51.47. The company has a market capitalization of $8.84 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.