Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC decreased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 2.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,363 shares of the exchange traded fund’s stock after selling 803 shares during the period. Moran Wealth Management LLC’s holdings in Alerian MLP ETF were worth $1,384,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Aurora Private Wealth Inc. increased its holdings in Alerian MLP ETF by 0.7% during the 2nd quarter. Aurora Private Wealth Inc. now owns 29,265 shares of the exchange traded fund’s stock worth $1,404,000 after purchasing an additional 208 shares during the period. Cypress Wealth Services LLC raised its holdings in Alerian MLP ETF by 3.7% in the third quarter. Cypress Wealth Services LLC now owns 6,021 shares of the exchange traded fund’s stock valued at $284,000 after acquiring an additional 217 shares in the last quarter. Retirement Planning Group LLC lifted its stake in Alerian MLP ETF by 2.9% in the third quarter. Retirement Planning Group LLC now owns 7,830 shares of the exchange traded fund’s stock worth $369,000 after acquiring an additional 218 shares during the last quarter. Opal Wealth Advisors LLC grew its holdings in Alerian MLP ETF by 2.7% during the 3rd quarter. Opal Wealth Advisors LLC now owns 9,167 shares of the exchange traded fund’s stock worth $432,000 after acquiring an additional 242 shares in the last quarter. Finally, Mach 1 Financial Group LLC increased its position in shares of Alerian MLP ETF by 2.4% in the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 244 shares during the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $49.13 on Friday. Alerian MLP ETF has a 1 year low of $41.06 and a 1 year high of $49.44. The stock has a market cap of $8.84 billion, a P/E ratio of 13.08 and a beta of 0.48. The stock has a 50-day simple moving average of $47.41 and a 200-day simple moving average of $47.11.

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.