Aurora Private Wealth Inc. Trims Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Aurora Private Wealth Inc. reduced its position in Alerian MLP ETF (NYSEARCA:AMLP) by 3.4% in the 4th quarter, Holdings Channel reports. The firm owned 28,320 shares of the exchange traded fund’s stock after selling 982 shares during the period. Alerian MLP ETF makes up 1.0% of Aurora Private Wealth Inc.’s holdings, making the stock its 23rd biggest holding. Aurora Private Wealth Inc.’s holdings in Alerian MLP ETF were worth $1,364,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in AMLP. Hilton Capital Management LLC purchased a new stake in shares of Alerian MLP ETF in the 3rd quarter valued at about $31,562,000. EP Wealth Advisors LLC lifted its holdings in shares of Alerian MLP ETF by 10,423.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock valued at $24,104,000 after purchasing an additional 506,582 shares during the last quarter. School Employees Retirement Board of Ohio purchased a new stake in shares of Alerian MLP ETF in the 3rd quarter valued at about $14,643,000. LPL Financial LLC increased its position in Alerian MLP ETF by 13.0% in the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after acquiring an additional 275,254 shares during the period. Finally, Crescent Grove Advisors LLC acquired a new position in Alerian MLP ETF in the 4th quarter valued at about $12,868,000.

Alerian MLP ETF Stock Up 0.0 %

Shares of AMLP stock opened at $52.10 on Monday. The stock has a market capitalization of $9.37 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $43.02 and a 52-week high of $52.82. The stock’s 50-day moving average price is $49.45 and its 200 day moving average price is $48.01.

Alerian MLP ETF Company 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.