Rockefeller Capital Management L.P. Boosts Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Rockefeller Capital Management L.P. grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 6.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 266,745 shares of the exchange traded fund’s stock after buying an additional 15,708 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Alerian MLP ETF were worth $12,572,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Hilton Capital Management LLC purchased a new position in Alerian MLP ETF in the 3rd quarter valued at approximately $31,562,000. Blair William & Co. IL boosted its holdings in shares of Alerian MLP ETF by 260.0% in the second quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock worth $23,265,000 after acquiring an additional 350,196 shares during the period. School Employees Retirement Board of Ohio purchased a new position in shares of Alerian MLP ETF in the third quarter valued at $14,643,000. LPL Financial LLC raised its stake in shares of Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after purchasing an additional 275,254 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in Alerian MLP ETF by 15.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock worth $96,317,000 after purchasing an additional 272,696 shares in the last quarter.

Alerian MLP ETF Stock Down 1.3 %

Shares of NYSEARCA AMLP opened at $50.65 on Tuesday. The company has a market cap of $9.11 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $51.47. The business has a 50-day simple moving average of $47.73 and a two-hundred day simple moving average of $47.24.

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.