Retirement Planning Group LLC Raises Stake in Alerian MLP ETF $AMLP

Retirement Planning Group LLC increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 29.2% during the second quarter, according to its most recent filing with the SEC. The fund owned 27,897 shares of the exchange traded fund’s stock after buying an additional 6,312 shares during the quarter. Retirement Planning Group LLC’s holdings in Alerian MLP ETF were worth $1,363,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMLP. Brighton Jones LLC boosted its holdings in shares of Alerian MLP ETF by 19.4% in the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after buying an additional 7,280 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Alerian MLP ETF by 153.5% in the 1st 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 last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Alerian MLP ETF by 69.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 446,713 shares of the exchange traded fund’s stock worth $23,202,000 after buying an additional 183,718 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of Alerian MLP ETF by 7.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 89,570 shares of the exchange traded fund’s stock worth $4,652,000 after buying an additional 6,114 shares during the last quarter. Finally, Spirepoint Private Client LLC boosted its holdings in shares of Alerian MLP ETF by 10.3% in the 1st quarter. Spirepoint Private Client LLC now owns 309,897 shares of the exchange traded fund’s stock worth $16,096,000 after buying an additional 28,910 shares during the last quarter.

Alerian MLP ETF Stock Down 0.2%

NYSEARCA AMLP opened at $46.25 on Wednesday. The company has a market cap of $10.15 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 firm’s 50-day simple moving average is $47.26 and its two-hundred day simple moving average is $48.09.

Alerian MLP ETF Company 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.