Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. reduced its position in Alerian MLP ETF (NYSEARCA:AMLP) by 8.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,521 shares of the exchange traded fund’s stock after selling 7,290 shares during the period. Oppenheimer & Co. Inc.’s holdings in Alerian MLP ETF were worth $3,863,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AMLP. 1832 Asset Management L.P. purchased a new position in Alerian MLP ETF in the fourth quarter valued at about $51,416,000. Retirement Planning Group LLC boosted its stake in shares of Alerian MLP ETF by 24.3% during the 2nd quarter. Retirement Planning Group LLC now owns 7,612 shares of the exchange traded fund’s stock valued at $365,000 after buying an additional 1,489 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Alerian MLP ETF by 1.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 56,522 shares of the exchange traded fund’s stock worth $2,403,000 after buying an additional 824 shares in the last quarter. Mckinley Capital Management LLC increased its stake in shares of Alerian MLP ETF by 3.0% in the fourth quarter. Mckinley Capital Management LLC now owns 158,700 shares of the exchange traded fund’s stock worth $6,748,000 after buying an additional 4,631 shares during the last quarter. Finally, Salem Investment Counselors Inc. increased its stake in shares of Alerian MLP ETF by 48.9% in the first quarter. Salem Investment Counselors Inc. now owns 60,999 shares of the exchange traded fund’s stock worth $2,895,000 after buying an additional 20,023 shares during the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $47.40 on Friday. The company has a market capitalization of $8.53 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12 month low of $40.03 and a 12 month high of $49.44. The company’s fifty day moving average price is $47.22 and its two-hundred day moving average price is $46.94.

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.