Regency Capital Management Inc. DE Purchases 62,304 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Regency Capital Management Inc. DE lifted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 173.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 98,179 shares of the exchange traded fund’s stock after acquiring an additional 62,304 shares during the period. Alerian MLP ETF comprises 2.5% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 19th largest holding. Regency Capital Management Inc. DE’s holdings in Alerian MLP ETF were worth $4,627,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AMLP. 1832 Asset Management L.P. raised its holdings in shares of Alerian MLP ETF by 58.2% in the 1st quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock valued at $90,784,000 after purchasing an additional 703,620 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Alerian MLP ETF by 470.3% in the 1st quarter. Cetera Investment Advisers now owns 442,029 shares of the exchange traded fund’s stock valued at $20,979,000 after purchasing an additional 364,516 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Alerian MLP ETF by 260.0% in the 2nd 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. Allen Wealth Management LLC purchased a new position in shares of Alerian MLP ETF in the 4th quarter worth approximately $12,865,000. Finally, Envestnet Asset Management Inc. grew its position in shares of Alerian MLP ETF by 15.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock worth $96,317,000 after buying an additional 272,696 shares during the last quarter.

Alerian MLP ETF Stock Up 0.4 %

Shares of Alerian MLP ETF stock traded up $0.17 on Friday, reaching $47.65. The stock had a trading volume of 926,847 shares, compared to its average volume of 1,299,537. The company has a 50 day moving average price of $46.87 and a 200 day moving average price of $47.02. Alerian MLP ETF has a 1 year low of $40.22 and a 1 year high of $49.44. The stock has a market capitalization of $8.57 billion, a P/E ratio of 13.08 and a beta of 0.48.

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.