Integrated Advisors Network LLC Has $3.37 Million Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Integrated Advisors Network LLC reduced its position in Alerian MLP ETF (NYSEARCA:AMLP) by 14.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 71,539 shares of the exchange traded fund’s stock after selling 11,914 shares during the period. Integrated Advisors Network LLC’s holdings in Alerian MLP ETF were worth $3,372,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Kovack Advisors Inc. raised its position in Alerian MLP ETF by 4.1% during the first quarter. Kovack Advisors Inc. now owns 9,682 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 384 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Alerian MLP ETF by 20.0% during the 1st quarter. J.W. Cole Advisors Inc. now owns 16,497 shares of the exchange traded fund’s stock valued at $783,000 after purchasing an additional 2,752 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Alerian MLP ETF by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 175,866 shares of the exchange traded fund’s stock valued at $8,347,000 after purchasing an additional 6,267 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of Alerian MLP ETF in the 1st quarter valued at $253,000. Finally, Starfox Financial Services LLC boosted its holdings in Alerian MLP ETF by 53.9% in the first quarter. Starfox Financial Services LLC now owns 31,781 shares of the exchange traded fund’s stock worth $1,456,000 after purchasing an additional 11,133 shares in the last quarter.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $46.82 on Wednesday. Alerian MLP ETF has a one year low of $41.06 and a one year high of $49.44. The company’s fifty day moving average price is $47.06 and its two-hundred day moving average price is $47.00. The company has a market capitalization of $8.42 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

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.