Renaissance Technologies LLC Has $235,000 Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Renaissance Technologies LLC trimmed its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 81.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,900 shares of the exchange traded fund’s stock after selling 21,400 shares during the period. Renaissance Technologies LLC’s holdings in Alerian MLP ETF were worth $235,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AMLP. Retirement Planning Group LLC lifted its holdings in Alerian MLP ETF by 24.3% in the second 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 period. Salem Investment Counselors Inc. lifted its holdings in 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 valued at $2,895,000 after buying an additional 20,023 shares during the period. Kingswood Wealth Advisors LLC lifted its holdings in Alerian MLP ETF by 36.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 10,104 shares of the exchange traded fund’s stock valued at $480,000 after buying an additional 2,714 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in Alerian MLP ETF by 22.2% in the second quarter. Dynamic Advisor Solutions LLC now owns 14,711 shares of the exchange traded fund’s stock valued at $706,000 after buying an additional 2,673 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in Alerian MLP ETF by 8.0% in the first quarter. Oppenheimer & Co. Inc. now owns 87,811 shares of the exchange traded fund’s stock valued at $4,168,000 after buying an additional 6,486 shares during the period.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA:AMLP opened at $47.69 on Friday. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $49.44. The company has a market capitalization of $8.58 billion, a PE ratio of 13.08 and a beta of 0.48. The company has a 50 day moving average price of $46.82 and a two-hundred day moving average price of $47.04.

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.