Janney Montgomery Scott LLC Trims Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Janney Montgomery Scott LLC reduced its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 384,365 shares of the exchange traded fund’s stock after selling 20,215 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Alerian MLP ETF were worth $18,511,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Park Avenue Securities LLC lifted its position in shares of Alerian MLP ETF by 38.8% during the fourth quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after acquiring an additional 9,088 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Alerian MLP ETF by 532.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock worth $927,000 after purchasing an additional 16,560 shares in the last quarter. Advisors Asset Management Inc. bought a new position in Alerian MLP ETF in the 3rd quarter worth about $65,000. Regency Capital Management Inc. DE grew its holdings in Alerian MLP ETF by 173.7% during the 3rd quarter. Regency Capital Management Inc. DE now owns 98,179 shares of the exchange traded fund’s stock valued at $4,627,000 after buying an additional 62,304 shares in the last quarter. Finally, Silver Lake Advisory LLC purchased a new position in Alerian MLP ETF during the 2nd quarter valued at about $236,000.

Alerian MLP ETF Trading Up 0.0 %

Shares of Alerian MLP ETF stock opened at $52.10 on Friday. The company’s 50-day moving average price is $49.45 and its 200-day moving average price is $48.01. The company has a market cap of $9.37 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12-month low of $43.02 and a 12-month high of $52.82.

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.