BTS Asset Management Inc. Sells 1,140 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

BTS Asset Management Inc. lessened its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 13.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,165 shares of the exchange traded fund’s stock after selling 1,140 shares during the quarter. Alerian MLP ETF makes up 0.3% of BTS Asset Management Inc.’s holdings, making the stock its 15th largest holding. BTS Asset Management Inc.’s holdings in Alerian MLP ETF were worth $344,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Aurora Private Wealth Inc. lifted its holdings in shares of Alerian MLP ETF by 0.7% in the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock worth $1,404,000 after buying an additional 208 shares during the period. RDA Financial Network lifted its holdings in shares of Alerian MLP ETF by 4.6% in the 2nd quarter. RDA Financial Network now owns 5,677 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 250 shares during the period. Capital Advisors Ltd. LLC lifted its holdings in shares of Alerian MLP ETF by 1.4% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 18,337 shares of the exchange traded fund’s stock worth $880,000 after buying an additional 258 shares during the period. Beacon Pointe Advisors LLC lifted its holdings in shares of Alerian MLP ETF by 0.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 38,930 shares of the exchange traded fund’s stock worth $1,655,000 after buying an additional 262 shares during the period. Finally, Endowment Wealth Management Inc. lifted its holdings in shares of Alerian MLP ETF by 1.9% in the 2nd quarter. Endowment Wealth Management Inc. now owns 14,459 shares of the exchange traded fund’s stock worth $694,000 after buying an additional 268 shares during the period.

Alerian MLP ETF Trading Up 0.4 %

Shares of AMLP stock opened at $46.69 on Friday. Alerian MLP ETF has a twelve month low of $40.03 and a twelve month high of $49.44. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The stock has a fifty day simple moving average of $47.41 and a two-hundred day simple moving average of $46.88.

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.