Alerian MLP ETF $AMLP Shares Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 1.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 40,657 shares of the exchange traded fund’s stock after purchasing an additional 623 shares during the quarter. Perigon Wealth Management LLC’s holdings in Alerian MLP ETF were worth $1,987,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in AMLP. Nova Wealth Management Inc. acquired a new position in shares of Alerian MLP ETF in the 2nd quarter worth approximately $28,000. Headlands Technologies LLC acquired a new position in shares of Alerian MLP ETF in the 1st quarter worth approximately $31,000. Golden State Wealth Management LLC acquired a new position in shares of Alerian MLP ETF in the 1st quarter worth approximately $34,000. Copia Wealth Management acquired a new position in shares of Alerian MLP ETF in the 1st quarter worth approximately $38,000. Finally, Garde Capital Inc. acquired a new position in shares of Alerian MLP ETF in the 2nd quarter worth approximately $49,000.

Alerian MLP ETF Stock Up 0.3%

Alerian MLP ETF stock opened at $47.56 on Friday. The firm has a market cap of $10.22 billion, a PE ratio of 14.17 and a beta of 1.42. Alerian MLP ETF has a 52-week low of $43.75 and a 52-week high of $53.24. The company’s 50 day moving average is $48.31 and its two-hundred day moving average is $48.75.

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.