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AE Wealth Management LLC Has $267,000 Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

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AE Wealth Management LLC lessened its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 24.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,016 shares of the exchange traded fund’s stock after selling 2,613 shares during the quarter. AE Wealth Management LLC’s holdings in Alerian MLP ETF were worth $267,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NEXT Financial Group Inc grew its position in shares of Alerian MLP ETF by 14.5% during the 3rd quarter. NEXT Financial Group Inc now owns 2,645 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 335 shares during the period. Intellectus Partners LLC boosted its stake in Alerian MLP ETF by 1.0% during the 2nd quarter. Intellectus Partners LLC now owns 33,308 shares of the exchange traded fund’s stock worth $1,213,000 after acquiring an additional 343 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Alerian MLP ETF by 1.5% during the 3rd quarter. Park Avenue Securities LLC now owns 24,067 shares of the exchange traded fund’s stock worth $802,000 after acquiring an additional 350 shares during the last quarter. SeaCrest Wealth Management LLC boosted its stake in Alerian MLP ETF by 3.2% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 11,852 shares of the exchange traded fund’s stock worth $432,000 after acquiring an additional 369 shares during the last quarter. Finally, Covenant Asset Management LLC boosted its stake in Alerian MLP ETF by 2.9% during the 3rd quarter. Covenant Asset Management LLC now owns 16,334 shares of the exchange traded fund’s stock worth $544,000 after acquiring an additional 465 shares during the last quarter.

Alerian MLP ETF stock opened at $34.42 on Wednesday. The company’s 50 day simple moving average is $33.19 and its 200 day simple moving average is $33.80. Alerian MLP ETF has a fifty-two week low of $25.50 and a fifty-two week high of $38.92.

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.

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