Prospera Financial Services Inc Grows Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Prospera Financial Services Inc boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 0.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 235,401 shares of the exchange traded fund’s stock after buying an additional 1,989 shares during the quarter. Prospera Financial Services Inc’s holdings in Alerian MLP ETF were worth $11,095,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AMLP. Fortis Advisors LLC lifted its position in shares of Alerian MLP ETF by 2.1% in the third quarter. Fortis Advisors LLC now owns 35,844 shares of the exchange traded fund’s stock valued at $1,689,000 after acquiring an additional 744 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Alerian MLP ETF by 2.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 27,448 shares of the exchange traded fund’s stock worth $1,294,000 after purchasing an additional 592 shares during the last quarter. GoalVest Advisory LLC grew its position in shares of Alerian MLP ETF by 8.5% in the third quarter. GoalVest Advisory LLC now owns 24,443 shares of the exchange traded fund’s stock valued at $1,152,000 after purchasing an additional 1,907 shares in the last quarter. Bard Associates Inc. acquired a new stake in shares of Alerian MLP ETF in the third quarter valued at approximately $388,000. Finally, OneDigital Investment Advisors LLC lifted its position in Alerian MLP ETF by 36.2% during the third quarter. OneDigital Investment Advisors LLC now owns 17,986 shares of the exchange traded fund’s stock worth $848,000 after buying an additional 4,780 shares in the last quarter.

Alerian MLP ETF Stock Up 1.0 %

Shares of NYSEARCA:AMLP opened at $48.31 on Tuesday. Alerian MLP ETF has a 52-week low of $41.06 and a 52-week high of $49.44. The business has a fifty day moving average of $47.29 and a two-hundred day moving average of $47.07. The stock has a market cap of $8.69 billion, a P/E ratio of 13.08 and a beta of 0.48.

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.