McIlrath & Eck LLC Sells 1,898 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

McIlrath & Eck LLC lessened its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 19.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,984 shares of the exchange traded fund’s stock after selling 1,898 shares during the period. McIlrath & Eck LLC’s holdings in Alerian MLP ETF were worth $73,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AMLP. Creative Planning increased its position in Alerian MLP ETF by 77.5% in the third quarter. Creative Planning now owns 27,154,066 shares of the exchange traded fund’s stock worth $248,188,000 after purchasing an additional 11,852,224 shares during the last quarter. Hershey Trust Co. bought a new position in Alerian MLP ETF during the second quarter valued at $50,173,000. Sfmg LLC increased its position in Alerian MLP ETF by 385.3% during the second quarter. Sfmg LLC now owns 3,941,256 shares of the exchange traded fund’s stock valued at $39,373,000 after acquiring an additional 3,129,129 shares during the last quarter. Diameter Capital Partners LP increased its position in Alerian MLP ETF by 124.0% during the second quarter. Diameter Capital Partners LP now owns 2,800,000 shares of the exchange traded fund’s stock valued at $27,580,000 after acquiring an additional 1,550,000 shares during the last quarter. Finally, Royal Bank of Canada increased its position in Alerian MLP ETF by 5.0% during the second quarter. Royal Bank of Canada now owns 25,592,307 shares of the exchange traded fund’s stock valued at $252,083,000 after acquiring an additional 1,210,944 shares during the last quarter.

AMLP stock traded down $0.02 during mid-day trading on Friday, reaching $8.36. 28,063,401 shares of the stock traded hands, compared to its average volume of 15,991,327. Alerian MLP ETF has a one year low of $8.27 and a one year high of $10.25. The business has a 50-day moving average price of $8.85 and a two-hundred day moving average price of $9.45.

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.

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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