Pure Financial Advisors LLC Has $1.30 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Pure Financial Advisors LLC grew its position in Alerian MLP ETF (NYSEARCA:AMLP) by 1.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 27,557 shares of the exchange traded fund’s stock after purchasing an additional 298 shares during the period. Pure Financial Advisors LLC’s holdings in Alerian MLP ETF were worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Aurora Private Wealth Inc. increased its position in Alerian MLP ETF by 0.7% during the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock worth $1,404,000 after buying an additional 208 shares during the period. Cypress Wealth Services LLC grew its position in shares of Alerian MLP ETF by 3.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock worth $284,000 after purchasing an additional 217 shares in the last quarter. Retirement Planning Group LLC raised its position in shares of Alerian MLP ETF by 2.9% in the third quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 218 shares in the last quarter. Opal Wealth Advisors LLC boosted its stake in shares of Alerian MLP ETF by 2.7% in the third quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock valued at $432,000 after buying an additional 242 shares during the period. Finally, RDA Financial Network grew its position in Alerian MLP ETF by 4.6% during the second quarter. RDA Financial Network now owns 5,677 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 250 shares in the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $46.48 on Friday. The company has a market cap of $8.36 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a fifty-two week low of $41.06 and a fifty-two week high of $49.44. The stock has a fifty day moving average price of $47.06 and a 200-day moving average price of $47.00.

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.