Proficio Capital Partners LLC Has $32.25 Million Holdings in Alerian MLP ETF $AMLP

Proficio Capital Partners LLC increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 621,953 shares of the exchange traded fund’s stock after purchasing an additional 11,616 shares during the period. Alerian MLP ETF comprises about 1.2% of Proficio Capital Partners LLC’s investment portfolio, making the stock its 19th largest position. Proficio Capital Partners LLC’s holdings in Alerian MLP ETF were worth $32,248,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Alerian MLP ETF by 14,563.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock worth $60,625,000 after buying an additional 1,280,552 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in Alerian MLP ETF by 326.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock valued at $50,800,000 after buying an additional 795,787 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in Alerian MLP ETF in the 4th quarter valued at $24,371,000. Quadrature Capital Ltd grew its position in Alerian MLP ETF by 709.1% in the fourth quarter. Quadrature Capital Ltd now owns 476,492 shares of the exchange traded fund’s stock valued at $22,405,000 after acquiring an additional 417,602 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in Alerian MLP ETF by 1,508.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock valued at $19,116,000 after acquiring an additional 381,190 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $55.59 on Tuesday. The stock has a fifty day moving average price of $53.96 and a two-hundred day moving average price of $52.98. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $55.66. The firm has a market capitalization of $13.06 billion, a P/E ratio of 14.17 and a beta of 0.50.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).