Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Venture Visionary Partners LLC

Venture Visionary Partners LLC increased its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 7.3% during the 3rd quarter, Holdings Channel reports. The fund owned 11,158 shares of the exchange traded fund’s stock after purchasing an additional 756 shares during the quarter. Venture Visionary Partners LLC’s holdings in Alerian MLP ETF were worth $526,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMLP. LPL Financial LLC boosted its position in Alerian MLP ETF by 8.9% in the 2nd quarter. LPL Financial LLC now owns 2,124,708 shares of the exchange traded fund’s stock worth $101,943,000 after purchasing an additional 173,805 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Alerian MLP ETF by 15.7% during 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 purchasing an additional 272,696 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in shares of Alerian MLP ETF by 58.2% in the 1st quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock valued at $90,784,000 after purchasing an additional 703,620 shares during the period. Allen Investment Management LLC boosted its holdings in Alerian MLP ETF by 16.8% during the second quarter. Allen Investment Management LLC now owns 1,315,442 shares of the exchange traded fund’s stock worth $63,115,000 after buying an additional 188,980 shares in the last quarter. Finally, Raymond James & Associates grew its position in Alerian MLP ETF by 2.4% during the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock valued at $50,029,000 after buying an additional 24,674 shares during the period.

Alerian MLP ETF Stock Performance

AMLP opened at $46.85 on Wednesday. The company has a fifty day moving average of $46.97 and a two-hundred day moving average of $47.02. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a fifty-two week low of $41.06 and a fifty-two week high of $49.44.

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.