Hilltop National Bank Purchases Shares of 4,300 Alerian MLP ETF $AMLP

Hilltop National Bank purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,300 shares of the exchange traded fund’s stock, valued at approximately $210,000.

A number of other institutional investors have also recently added to or reduced their stakes in AMLP. Golden State Wealth Management LLC purchased a new stake in shares of Alerian MLP ETF during the 1st quarter worth about $34,000. Sequoia Financial Advisors LLC grew its stake in Alerian MLP ETF by 3.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,118 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 275 shares during the period. Parallel Advisors LLC grew its stake in Alerian MLP ETF by 8.2% during the second quarter. Parallel Advisors LLC now owns 7,558 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 572 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in Alerian MLP ETF by 153.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,437 shares of the exchange traded fund’s stock worth $646,000 after buying an additional 7,531 shares during the period. Finally, Tradewinds LLC. grew its stake in Alerian MLP ETF by 8.6% during the first quarter. Tradewinds LLC. now owns 68,057 shares of the exchange traded fund’s stock worth $3,535,000 after buying an additional 5,391 shares during the period.

Alerian MLP ETF Trading Up 0.0%

Shares of Alerian MLP ETF stock opened at $46.64 on Friday. The company has a fifty day moving average price of $48.11 and a 200 day moving average price of $48.59. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.24. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of 14.17 and a beta of 1.42.

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.