Boyce & Associates Wealth Consulting Inc. Acquires 1,007 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Boyce & Associates Wealth Consulting Inc. raised its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,924 shares of the exchange traded fund’s stock after buying an additional 1,007 shares during the period. Alerian MLP ETF comprises approximately 1.0% of Boyce & Associates Wealth Consulting Inc.’s portfolio, making the stock its 18th largest position. Boyce & Associates Wealth Consulting Inc.’s holdings in Alerian MLP ETF were worth $986,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMLP. Aurora Private Wealth Inc. lifted its stake in shares of Alerian MLP ETF by 0.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock valued at $1,404,000 after acquiring an additional 208 shares during the last quarter. RDA Financial Network increased its stake in Alerian MLP ETF by 4.6% in the 2nd quarter. RDA Financial Network now owns 5,677 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 250 shares during the period. Capital Advisors Ltd. LLC lifted its position in Alerian MLP ETF by 1.4% in the second quarter. Capital Advisors Ltd. LLC now owns 18,337 shares of the exchange traded fund’s stock valued at $880,000 after purchasing an additional 258 shares during the last quarter. Endowment Wealth Management Inc. boosted its stake in shares of Alerian MLP ETF by 1.9% during the second quarter. Endowment Wealth Management Inc. now owns 14,459 shares of the exchange traded fund’s stock valued at $694,000 after purchasing an additional 268 shares during the period. Finally, Wealthspire Advisors LLC boosted its stake in shares of Alerian MLP ETF by 0.3% during the second quarter. Wealthspire Advisors LLC now owns 88,228 shares of the exchange traded fund’s stock valued at $4,233,000 after purchasing an additional 288 shares during the period.

Alerian MLP ETF Stock Down 1.2 %

NYSEARCA:AMLP opened at $47.09 on Wednesday. The firm has a market capitalization of $8.47 billion, a P/E ratio of 13.08 and a beta of 0.48. The company has a fifty day moving average of $46.83 and a 200 day moving average of $47.03. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $49.44.

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.