11,811 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Bought by Planning Solutions Group LLC
Planning Solutions Group LLC bought a new position in Alerian MLP ETF (NYSEARCA:AMLP) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,811 shares of the exchange traded fund’s stock, valued at approximately $116,000.
A number of other hedge funds have also recently modified their holdings of AMLP. Bluefin Trading LLC acquired a new position in Alerian MLP ETF during the second quarter worth $302,000. Hilltop Holdings Inc. increased its stake in shares of Alerian MLP ETF by 85.7% in the second quarter. Hilltop Holdings Inc. now owns 192,246 shares of the exchange traded fund’s stock valued at $1,893,000 after buying an additional 88,719 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of Alerian MLP ETF in the second quarter valued at $232,000. HBK Sorce Advisory LLC boosted its holdings in Alerian MLP ETF by 52.8% in the second quarter. HBK Sorce Advisory LLC now owns 16,505 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 5,704 shares during the last quarter. Finally, Woodmont Investment Counsel LLC boosted its holdings in Alerian MLP ETF by 19.8% in the second quarter. Woodmont Investment Counsel LLC now owns 148,816 shares of the exchange traded fund’s stock valued at $1,466,000 after acquiring an additional 24,634 shares during the last quarter.
Alerian MLP ETF stock traded down $0.03 during mid-day trading on Friday, hitting $9.44. The stock had a trading volume of 23,072,473 shares, compared to its average volume of 15,642,603. The stock has a 50-day simple moving average of $9.15 and a two-hundred day simple moving average of $9.73. Alerian MLP ETF has a 12 month low of $8.27 and a 12 month high of $10.93.
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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