Integrated Wealth Concepts LLC Acquires 12,567 Shares of Alerian MLP ETF $AMLP

Integrated Wealth Concepts LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 35.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 47,862 shares of the exchange traded fund’s stock after buying an additional 12,567 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Alerian MLP ETF were worth $2,482,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AMLP. Hollencrest Capital Management acquired a new position in Alerian MLP ETF during the 2nd quarter worth about $35,000. Global Trust Asset Management LLC grew its holdings in Alerian MLP ETF by 600.0% during the 1st quarter. Global Trust Asset Management LLC now owns 700 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 600 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Alerian MLP ETF in the 4th quarter valued at about $57,000. Palladiem LLC acquired a new stake in Alerian MLP ETF in the 4th quarter valued at about $60,000. Finally, Greykasell Wealth Strategies Inc. acquired a new stake in Alerian MLP ETF in the 4th quarter valued at about $85,000.

Alerian MLP ETF Trading Down 0.8%

Shares of NYSEARCA AMLP opened at $55.48 on Tuesday. Alerian MLP ETF has a 1-year low of $44.64 and a 1-year high of $56.43. The company has a market cap of $13.04 billion, a PE ratio of 14.17 and a beta of 0.51. The company has a 50-day moving average of $54.80 and a two-hundred day moving average of $53.29.

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. 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).