Nicolet Advisory Services LLC Has $9.74 Million Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Nicolet Advisory Services LLC boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 205,175 shares of the exchange traded fund’s stock after buying an additional 2,449 shares during the period. Alerian MLP ETF makes up about 0.9% of Nicolet Advisory Services LLC’s investment portfolio, making the stock its 24th biggest position. Nicolet Advisory Services LLC’s holdings in Alerian MLP ETF were worth $9,742,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new position in Alerian MLP ETF in the first quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new stake in Alerian MLP ETF during the 3rd quarter valued at $28,000. Asset Dedication LLC grew its stake in Alerian MLP ETF by 1,244.0% in the 2nd quarter. Asset Dedication LLC now owns 672 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 622 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF in the 3rd quarter valued at about $40,000. Finally, ORG Wealth Partners LLC acquired a new stake in Alerian MLP ETF during the third quarter worth approximately $41,000.

Alerian MLP ETF Trading Up 1.0 %

Shares of AMLP opened at $49.64 on Friday. The stock has a market capitalization of $8.93 billion, a PE ratio of 13.08 and a beta of 0.48. The firm’s 50 day moving average is $47.45 and its 200-day moving average is $47.12. Alerian MLP ETF has a 12 month low of $41.06 and a 12 month high of $49.67.

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.