D.A. Davidson & CO. Grows Holdings in Alerian MLP ETF $AMLP

D.A. Davidson & CO. boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 11.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 366,812 shares of the exchange traded fund’s stock after buying an additional 37,393 shares during the quarter. D.A. Davidson & CO. owned 0.16% of Alerian MLP ETF worth $19,309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after acquiring an additional 7,280 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in Alerian MLP ETF by 16.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock valued at $6,898,000 after purchasing an additional 19,916 shares in the last quarter. Sei Investments Co. purchased a new stake in Alerian MLP ETF during the 2nd quarter worth approximately $623,000. Diversify Advisory Services LLC purchased a new stake in Alerian MLP ETF during the 2nd quarter worth approximately $224,000. Finally, Quantinno Capital Management LP increased its holdings in Alerian MLP ETF by 63.3% during the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock worth $2,481,000 after purchasing an additional 19,678 shares during the last quarter.

Alerian MLP ETF Stock Up 1.4%

Shares of AMLP opened at $53.95 on Friday. The firm has a market cap of $12.72 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The business’s 50 day moving average is $52.63 and its two-hundred day moving average is $51.65. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $55.22.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).