Mckinley Capital Management LLC Delaware Sells 94,680 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Mckinley Capital Management LLC Delaware lowered its position in Alerian MLP ETF (NYSEARCA:AMLP) by 25.1% in the second quarter, HoldingsChannel.com reports. The fund owned 282,211 shares of the exchange traded fund’s stock after selling 94,680 shares during the quarter. Mckinley Capital Management LLC Delaware’s holdings in Alerian MLP ETF were worth $2,779,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Sfmg LLC raised its position in Alerian MLP ETF by 385.3% in the 2nd quarter. Sfmg LLC now owns 3,941,256 shares of the exchange traded fund’s stock worth $39,373,000 after purchasing an additional 3,129,129 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Alerian MLP ETF by 116.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 4,423,857 shares of the exchange traded fund’s stock worth $44,371,000 after purchasing an additional 2,377,952 shares during the last quarter. Creative Planning raised its position in Alerian MLP ETF by 13.1% in the 2nd quarter. Creative Planning now owns 15,301,842 shares of the exchange traded fund’s stock worth $150,723,000 after purchasing an additional 1,768,200 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in Alerian MLP ETF in the 1st quarter worth approximately $12,948,000. Finally, Wells Fargo & Company MN raised its position in Alerian MLP ETF by 3.4% in the 1st quarter. Wells Fargo & Company MN now owns 27,712,109 shares of the exchange traded fund’s stock worth $277,952,000 after purchasing an additional 916,351 shares during the last quarter.

AMLP stock traded down $0.24 during trading on Friday, hitting $8.83. The company had a trading volume of 20,363,011 shares, compared to its average volume of 15,506,371. The firm has a 50-day moving average price of $9.62 and a 200-day moving average price of $9.82. Alerian MLP ETF has a 12 month low of $8.27 and a 12 month high of $11.19.

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.

Recommended Story: Stock Portfolio Tracker

Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLP).

Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

Receive News & Ratings for Alerian MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.