Cypress Wealth Services LLC Has $284,000 Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Cypress Wealth Services LLC raised its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,021 shares of the exchange traded fund’s stock after acquiring an additional 217 shares during the quarter. Cypress Wealth Services LLC’s holdings in Alerian MLP ETF were worth $284,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 1832 Asset Management L.P. grew its stake in 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 buying an additional 703,620 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Alerian MLP ETF by 470.3% during the 1st quarter. Cetera Investment Advisers now owns 442,029 shares of the exchange traded fund’s stock worth $20,979,000 after purchasing an additional 364,516 shares during the last quarter. Blair William & Co. IL boosted its stake in Alerian MLP ETF by 260.0% during the 2nd quarter. Blair William & Co. IL now owns 484,890 shares of the exchange traded fund’s stock valued at $23,265,000 after purchasing an additional 350,196 shares during the period. Envestnet Asset Management Inc. grew its holdings in Alerian MLP ETF by 15.7% in 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 buying an additional 272,696 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Alerian MLP ETF by 233.3% in the 2nd quarter. NewEdge Advisors LLC now owns 375,554 shares of the exchange traded fund’s stock worth $18,019,000 after buying an additional 262,884 shares during the period.

Alerian MLP ETF Trading Up 0.2 %

Shares of AMLP stock opened at $47.53 on Friday. The firm has a market capitalization of $8.55 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm’s fifty day simple moving average is $46.81 and its 200 day simple moving average is $47.04. Alerian MLP ETF has a 1 year low of $41.06 and a 1 year high of $49.44.

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.