Alerian MLP ETF $AMLP Shares Bought by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 20.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,921 shares of the exchange traded fund’s stock after acquiring an additional 23,128 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Alerian MLP ETF were worth $6,426,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AMLP. 5th Street Advisors LLC increased its position in shares of Alerian MLP ETF by 16.6% during the third quarter. 5th Street Advisors LLC now owns 94,211 shares of the exchange traded fund’s stock worth $4,421,000 after purchasing an additional 13,391 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in Alerian MLP ETF by 453.4% in the 3rd quarter. Golden State Wealth Management LLC now owns 2,092 shares of the exchange traded fund’s stock valued at $98,000 after purchasing an additional 1,714 shares in the last quarter. AE Wealth Management LLC boosted its stake in Alerian MLP ETF by 13.3% during the 3rd quarter. AE Wealth Management LLC now owns 3,186 shares of the exchange traded fund’s stock worth $150,000 after purchasing an additional 373 shares during the last quarter. Private Wealth Asset Management LLC grew its holdings in shares of Alerian MLP ETF by 58.8% during the third quarter. Private Wealth Asset Management LLC now owns 1,620 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 600 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new stake in shares of Alerian MLP ETF in the third quarter valued at about $568,000.

Alerian MLP ETF Trading Down 0.6%

NYSEARCA:AMLP opened at $50.03 on Friday. The company has a market cap of $11.20 billion, a P/E ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24. The company’s 50-day moving average price is $47.91 and its 200-day moving average price is $47.68.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).