HCR Wealth Advisors Has $1.52 Million Position in Alerian MLP ETF (NYSEARCA:AMLP)

HCR Wealth Advisors lessened its position in Alerian MLP ETF (NYSEARCA:AMLP) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,631 shares of the exchange traded fund’s stock after selling 239 shares during the quarter. HCR Wealth Advisors’ holdings in Alerian MLP ETF were worth $1,523,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp raised its holdings in shares of Alerian MLP ETF by 6.3% in the second quarter. Bank of New York Mellon Corp now owns 7,285 shares of the exchange traded fund’s stock valued at $350,000 after purchasing an additional 433 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Alerian MLP ETF by 15.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock valued at $96,317,000 after buying an additional 272,696 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in Alerian MLP ETF by 32.1% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 1,647 shares of the exchange traded fund’s stock worth $79,000 after buying an additional 400 shares in the last quarter. Lmcg Investments LLC lifted its position in Alerian MLP ETF by 26.7% during the 2nd quarter. Lmcg Investments LLC now owns 12,303 shares of the exchange traded fund’s stock worth $590,000 after buying an additional 2,594 shares in the last quarter. Finally, Wealth Alliance boosted its stake in shares of Alerian MLP ETF by 7.8% during the 2nd quarter. Wealth Alliance now owns 229,241 shares of the exchange traded fund’s stock worth $10,999,000 after buying an additional 16,579 shares during the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $50.79 on Thursday. Alerian MLP ETF has a 52-week low of $42.25 and a 52-week high of $51.47. The company has a market cap of $9.14 billion, a P/E ratio of 13.08 and a beta of 0.48. The stock’s 50-day simple moving average is $48.83 and its 200 day simple moving average is $47.81.

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.