Invst LLC Has $437,000 Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Invst LLC trimmed its position in Alerian MLP ETF (NYSEARCA:AMLP) by 16.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,202 shares of the exchange traded fund’s stock after selling 1,772 shares during the quarter. Invst LLC’s holdings in Alerian MLP ETF were worth $437,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raab & Moskowitz Asset Management LLC grew its holdings in Alerian MLP ETF by 1.4% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 17,592 shares of the exchange traded fund’s stock valued at $748,000 after buying an additional 244 shares in the last quarter. Beacon Pointe Advisors LLC lifted its position in shares of Alerian MLP ETF by 0.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 38,930 shares of the exchange traded fund’s stock valued at $1,655,000 after acquiring an additional 262 shares during the period. Oak Family Advisors LLC lifted its position in shares of Alerian MLP ETF by 1.5% during the 4th quarter. Oak Family Advisors LLC now owns 18,590 shares of the exchange traded fund’s stock valued at $790,000 after acquiring an additional 272 shares during the period. TRUE Private Wealth Advisors lifted its position in shares of Alerian MLP ETF by 3.5% during the 4th quarter. TRUE Private Wealth Advisors now owns 8,292 shares of the exchange traded fund’s stock valued at $353,000 after acquiring an additional 283 shares during the period. Finally, Wealth Effects LLC lifted its position in shares of Alerian MLP ETF by 2.3% during the 4th quarter. Wealth Effects LLC now owns 13,395 shares of the exchange traded fund’s stock valued at $570,000 after acquiring an additional 295 shares during the period.

Alerian MLP ETF Stock Down 1.8 %

Shares of NYSEARCA:AMLP traded down $0.86 during trading on Friday, reaching $47.07. 3,293,657 shares of the company traded hands, compared to its average volume of 1,261,908. The company’s 50 day moving average is $47.33 and its two-hundred day moving average is $46.46. The firm has a market capitalization of $8.47 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $40.03 and a 52 week high of $49.44.

About Alerian MLP ETF

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.