Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 45.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,084 shares of the exchange traded fund’s stock after selling 28,826 shares during the quarter. Sigma Planning Corp’s holdings in Alerian MLP ETF were worth $1,449,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. AE Wealth Management LLC grew its stake in shares of Alerian MLP ETF by 170.8% during the 3rd quarter. AE Wealth Management LLC now owns 42,182 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 26,608 shares during the period. HB Wealth Management LLC lifted its position in shares of Alerian MLP ETF by 6.7% during the 3rd quarter. HB Wealth Management LLC now owns 6,082 shares of the exchange traded fund’s stock valued at $257,000 after buying an additional 382 shares in the last quarter. RFG Advisory LLC lifted its position in shares of Alerian MLP ETF by 25.1% during the 3rd quarter. RFG Advisory LLC now owns 8,903 shares of the exchange traded fund’s stock valued at $376,000 after buying an additional 1,786 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Alerian MLP ETF by 0.7% during the 3rd quarter. DAVENPORT & Co LLC now owns 49,559 shares of the exchange traded fund’s stock valued at $2,091,000 after buying an additional 356 shares in the last quarter. Finally, Mach 1 Financial Group LLC lifted its position in shares of Alerian MLP ETF by 6.6% during the 3rd quarter. Mach 1 Financial Group LLC now owns 8,183 shares of the exchange traded fund’s stock valued at $345,000 after buying an additional 507 shares in the last quarter.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $47.19 on Tuesday. Alerian MLP ETF has a 1 year low of $37.06 and a 1 year high of $48.48. The firm has a market capitalization of $8.40 billion, a price-to-earnings ratio of 12.87 and a beta of 0.51. The business’s 50 day moving average price is $46.45 and its 200-day moving average price is $44.11.

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.