Benjamin Edwards Inc. Grows Position in Alerian MLP ETF (NYSEARCA:AMLP)

Benjamin Edwards Inc. boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 47.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,362 shares of the exchange traded fund’s stock after acquiring an additional 6,514 shares during the period. Benjamin Edwards Inc.’s holdings in Alerian MLP ETF were worth $977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. boosted its position in Alerian MLP ETF by 22.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 21,066 shares of the exchange traded fund’s stock valued at $1,011,000 after acquiring an additional 3,861 shares in the last quarter. Blair William & Co. IL boosted its position in Alerian MLP ETF by 260.0% during the second quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock valued at $23,265,000 after purchasing an additional 350,196 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Alerian MLP ETF by 2.3% in the second quarter. Mercer Global Advisors Inc. ADV now owns 183,962 shares of the exchange traded fund’s stock valued at $8,826,000 after purchasing an additional 4,116 shares during the last quarter. Wealth Alliance raised its holdings in Alerian MLP ETF by 7.8% in the second quarter. Wealth Alliance now owns 229,241 shares of the exchange traded fund’s stock worth $10,999,000 after purchasing an additional 16,579 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Alerian MLP ETF during the second quarter valued at about $9,804,000.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $47.17 on Friday. The company’s 50-day simple moving average is $47.16 and its 200-day simple moving average is $46.97. Alerian MLP ETF has a fifty-two week low of $40.03 and a fifty-two week high of $49.44. The stock has a market capitalization of $8.48 billion, a P/E ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF 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.