Alerian MLP ETF $AMLP Shares Purchased by Sigma Planning Corp

Sigma Planning Corp raised its position in Alerian MLP ETF (NYSEARCA:AMLP) by 17.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,976 shares of the exchange traded fund’s stock after buying an additional 11,027 shares during the quarter. Sigma Planning Corp’s holdings in Alerian MLP ETF were worth $3,837,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Bullseye Investment Management LLC acquired a new position in shares of Alerian MLP ETF in the 2nd quarter valued at approximately $1,261,000. Schuylkill Financial LLC bought a new stake in shares of Alerian MLP ETF during the 2nd quarter worth approximately $927,000. Integrated Wealth Concepts LLC boosted its position in shares of Alerian MLP ETF by 35.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 47,862 shares of the exchange traded fund’s stock worth $2,482,000 after acquiring an additional 12,567 shares in the last quarter. Hilton Capital Management LLC boosted its position in shares of Alerian MLP ETF by 39.6% during the 2nd quarter. Hilton Capital Management LLC now owns 338,754 shares of the exchange traded fund’s stock worth $17,564,000 after acquiring an additional 96,100 shares in the last quarter. Finally, Proficio Capital Partners LLC boosted its position in shares of Alerian MLP ETF by 1.9% during the 2nd quarter. Proficio Capital Partners LLC now owns 621,953 shares of the exchange traded fund’s stock worth $32,248,000 after acquiring an additional 11,616 shares in the last quarter.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $53.32 on Tuesday. The company’s 50 day simple moving average is $54.01 and its 200 day simple moving average is $52.72. The stock has a market capitalization of $12.86 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54. Alerian MLP ETF has a 1 year low of $46.04 and a 1 year high of $56.43.

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).