Fiducient Advisors LLC Grows Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Fiducient Advisors LLC lifted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 76.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,677 shares of the exchange traded fund’s stock after buying an additional 7,664 shares during the quarter. Fiducient Advisors LLC’s holdings in Alerian MLP ETF were worth $833,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMLP. LPL Financial LLC grew its holdings in Alerian MLP ETF by 8.9% during the 2nd quarter. LPL Financial LLC now owns 2,124,708 shares of the exchange traded fund’s stock valued at $101,943,000 after buying an additional 173,805 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Alerian MLP ETF by 15.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock worth $96,317,000 after acquiring an additional 272,696 shares during the last quarter. 1832 Asset Management L.P. grew its stake in shares of Alerian MLP ETF by 58.2% during the first quarter. 1832 Asset Management L.P. now owns 1,912,850 shares of the exchange traded fund’s stock worth $90,784,000 after acquiring an additional 703,620 shares during the last quarter. Allen Investment Management LLC lifted its holdings in shares of 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 purchasing an additional 188,980 shares during the period. Finally, Raymond James & Associates raised its stake in shares of Alerian MLP ETF by 2.4% during the 3rd quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after buying an additional 24,674 shares during the period.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $46.74 on Thursday. Alerian MLP ETF has a 1-year low of $41.06 and a 1-year high of $49.44. The company has a market cap of $8.41 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The stock has a 50 day simple moving average of $47.07 and a 200-day simple moving average of $47.00.

Alerian MLP ETF 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.