Jackson Hole Capital Partners LLC Acquires 6,446 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Jackson Hole Capital Partners LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 12.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,718 shares of the exchange traded fund’s stock after purchasing an additional 6,446 shares during the quarter. Jackson Hole Capital Partners LLC’s holdings in Alerian MLP ETF were worth $2,454,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. UBS Group AG boosted its stake in Alerian MLP ETF by 4.7% in the 3rd quarter. UBS Group AG now owns 2,884,519 shares of the exchange traded fund’s stock valued at $121,727,000 after purchasing an additional 129,611 shares during the period. Envestnet Asset Management Inc. boosted its stake in Alerian MLP ETF by 8.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,328,213 shares of the exchange traded fund’s stock valued at $56,051,000 after purchasing an additional 104,779 shares during the period. Raymond James & Associates boosted its stake in Alerian MLP ETF by 5.1% in the 4th quarter. Raymond James & Associates now owns 1,305,809 shares of the exchange traded fund’s stock valued at $55,523,000 after purchasing an additional 63,053 shares during the period. Allen Investment Management LLC lifted its position in shares of Alerian MLP ETF by 2.5% during the 3rd quarter. Allen Investment Management LLC now owns 1,096,931 shares of the exchange traded fund’s stock valued at $46,290,000 after acquiring an additional 27,013 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of Alerian MLP ETF by 58.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,030,729 shares of the exchange traded fund’s stock valued at $43,522,000 after acquiring an additional 380,025 shares during the period.

Alerian MLP ETF Stock Down 0.3 %

Shares of NYSEARCA:AMLP traded down $0.14 during trading on Thursday, reaching $47.36. 1,308,013 shares of the company traded hands, compared to its average volume of 1,265,598. The company’s 50 day moving average is $46.66 and its two-hundred day moving average is $44.20. The firm has a market capitalization of $8.43 billion, a PE ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a 52 week low of $37.06 and a 52 week high of $48.48.

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.