Axxcess Wealth Management LLC Takes $496,000 Position in Alerian MLP ETF (NYSEARCA:AMLP)

Axxcess Wealth Management LLC bought a new stake in Alerian MLP ETF (NYSEARCA:AMLPGet Rating) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 14,407 shares of the exchange traded fund’s stock, valued at approximately $496,000.

Several other large investors also recently made changes to their positions in AMLP. Comerica Bank lifted its position in Alerian MLP ETF by 217.2% in the 1st quarter. Comerica Bank now owns 30,224 shares of the exchange traded fund’s stock valued at $1,245,000 after acquiring an additional 20,697 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Alerian MLP ETF by 11.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 335,725 shares of the exchange traded fund’s stock valued at $12,858,000 after acquiring an additional 33,862 shares in the last quarter. Dearborn Partners LLC lifted its position in Alerian MLP ETF by 10.6% in the 1st quarter. Dearborn Partners LLC now owns 37,473 shares of the exchange traded fund’s stock valued at $1,435,000 after acquiring an additional 3,600 shares in the last quarter. Prospera Financial Services Inc lifted its position in Alerian MLP ETF by 7.5% in the 1st quarter. Prospera Financial Services Inc now owns 92,332 shares of the exchange traded fund’s stock valued at $3,536,000 after acquiring an additional 6,405 shares in the last quarter. Finally, Advisor Group Holdings Inc. lifted its position in Alerian MLP ETF by 19.1% in the 1st quarter. Advisor Group Holdings Inc. now owns 490,666 shares of the exchange traded fund’s stock valued at $21,218,000 after acquiring an additional 78,585 shares in the last quarter.

Alerian MLP ETF Stock Down 1.5 %

Shares of NYSEARCA AMLP opened at $40.81 on Thursday. Alerian MLP ETF has a fifty-two week low of $30.04 and a fifty-two week high of $42.47. The firm’s 50-day simple moving average is $39.45 and its 200 day simple moving average is $38.50.

About Alerian MLP ETF

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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 ETF (NYSEARCA:AMLP)

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