Eagle Strategies LLC Acquires 4,112 Shares of Alerian MLP ETF $AMLP

Eagle Strategies LLC lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 106,291 shares of the exchange traded fund’s stock after acquiring an additional 4,112 shares during the period. Eagle Strategies LLC’s holdings in Alerian MLP ETF were worth $5,193,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in Alerian MLP ETF by 15.6% during the 1st quarter. LPL Financial LLC now owns 3,238,970 shares of the exchange traded fund’s stock worth $168,232,000 after purchasing an additional 437,947 shares in the last quarter. Allen Investment Management LLC boosted its position in shares of Alerian MLP ETF by 31.7% during the first quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock valued at $160,002,000 after buying an additional 740,605 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Alerian MLP ETF by 18.6% during the first quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock worth $133,140,000 after buying an additional 401,133 shares in the last quarter. Naviter Wealth LLC raised its position in Alerian MLP ETF by 4.1% in the 1st quarter. Naviter Wealth LLC now owns 1,116,240 shares of the exchange traded fund’s stock valued at $58,123,000 after buying an additional 43,833 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Alerian MLP ETF by 4.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 705,284 shares of the exchange traded fund’s stock valued at $36,632,000 after acquiring an additional 30,328 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $46.35 on Thursday. The company has a fifty day moving average price of $47.92 and a 200-day moving average price of $48.47. The firm has a market cap of $10.16 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.24.

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.