World Investment Advisors LLC Increases Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

World Investment Advisors LLC raised its position in Alerian MLP ETF (NYSEARCA:AMLP) by 0.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,266 shares of the exchange traded fund’s stock after buying an additional 340 shares during the period. World Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $2,605,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. raised its holdings in Alerian MLP ETF by 78.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 27,945 shares of the exchange traded fund’s stock worth $1,341,000 after purchasing an additional 12,269 shares during the period. Blue Trust Inc. lifted its position in shares of Alerian MLP ETF by 62.0% during the 2nd quarter. Blue Trust Inc. now owns 11,201 shares of the exchange traded fund’s stock valued at $532,000 after buying an additional 4,286 shares in the last quarter. Apollon Wealth Management LLC lifted its position in shares of Alerian MLP ETF by 2.1% during the 2nd quarter. Apollon Wealth Management LLC now owns 74,193 shares of the exchange traded fund’s stock valued at $3,560,000 after buying an additional 1,526 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Alerian MLP ETF by 7.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 970,811 shares of the exchange traded fund’s stock valued at $46,580,000 after acquiring an additional 69,671 shares during the period. Finally, Mayfair Advisory Group LLC purchased a new stake in Alerian MLP ETF in the 2nd quarter worth $241,000.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $49.09 on Friday. The stock has a market capitalization of $8.83 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a fifty-two week low of $41.80 and a fifty-two week high of $51.47. The company has a fifty day moving average of $48.20 and a two-hundred day moving average of $47.47.

About Alerian MLP ETF

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.