Noesis Capital Mangement Corp Buys 800 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Noesis Capital Mangement Corp boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 14.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,200 shares of the exchange traded fund’s stock after purchasing an additional 800 shares during the quarter. Noesis Capital Mangement Corp’s holdings in Alerian MLP ETF were worth $292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its position in shares of Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after buying an additional 275,254 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Alerian MLP ETF by 15.7% in 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 last quarter. Allen Investment Management LLC raised its position in Alerian MLP ETF by 16.8% during the second quarter. Allen Investment Management LLC now owns 1,315,442 shares of the exchange traded fund’s stock valued at $63,115,000 after purchasing an additional 188,980 shares in the last quarter. Raymond James & Associates lifted its stake in Alerian MLP ETF by 2.4% during the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after purchasing an additional 24,674 shares during the last quarter. Finally, Stephens Inc. AR lifted its stake in Alerian MLP ETF by 2.8% during the third quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock worth $46,387,000 after purchasing an additional 26,882 shares during the last quarter.

Alerian MLP ETF Trading Up 1.3 %

Shares of Alerian MLP ETF stock opened at $50.31 on Thursday. The firm has a market capitalization of $9.05 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12 month low of $41.06 and a 12 month high of $50.51. The business’s 50-day moving average price is $47.52 and its 200-day moving average price is $47.15.

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.