Formidable Asset Management LLC continued to hold its position in shares of Alerian MLP (NYSE:AMLP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,105 shares of the exchange traded fund’s stock at the end of the 2nd quarter. Formidable Asset Management LLC’s holdings in Alerian MLP were worth $276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMLP. Ameriprise Financial Inc. increased its position in shares of Alerian MLP by 13.1% in the second quarter. Ameriprise Financial Inc. now owns 4,672,433 shares of the exchange traded fund’s stock valued at $55,605,000 after acquiring an additional 541,285 shares during the last quarter. ST Germain D J Co. Inc. increased its position in shares of Alerian MLP by 149.6% in the second quarter. ST Germain D J Co. Inc. now owns 2,789,343 shares of the exchange traded fund’s stock valued at $33,361,000 after acquiring an additional 1,672,023 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Alerian MLP by 7.0% in the second quarter. Janney Montgomery Scott LLC now owns 1,721,221 shares of the exchange traded fund’s stock valued at $20,586,000 after acquiring an additional 113,175 shares during the last quarter. Bessemer Group Inc. acquired a new stake in shares of Alerian MLP in the second quarter valued at about $13,802,000. Finally, IFP Advisors Inc increased its position in shares of Alerian MLP by 5.8% in the second quarter. IFP Advisors Inc now owns 963,170 shares of the exchange traded fund’s stock valued at $11,520,000 after acquiring an additional 52,908 shares during the last quarter.

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Alerian MLP (NYSE:AMLP) traded down 0.79% during mid-day trading on Friday, hitting $11.27. The company had a trading volume of 7,537,131 shares. The company’s 50 day moving average price is $11.22 and its 200-day moving average price is $12.01. Alerian MLP has a 12-month low of $10.51 and a 12-month high of $13.31.

Alerian MLP 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 (NYSE:AMLP)

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