Raymond James & Associates Has $55.52 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Raymond James & Associates lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,305,809 shares of the exchange traded fund’s stock after purchasing an additional 63,053 shares during the quarter. Raymond James & Associates owned approximately 0.80% of Alerian MLP ETF worth $55,523,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Moneta Group Investment Advisors LLC lifted its position in shares of Alerian MLP ETF by 270,500.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 16,135,934 shares of the exchange traded fund’s stock worth $614,295,000 after buying an additional 16,129,971 shares during the period. Cowa LLC lifted its position in shares of Alerian MLP ETF by 10,043.4% during the 1st quarter. Cowa LLC now owns 5,232,801 shares of the exchange traded fund’s stock worth $2,004,000 after buying an additional 5,181,213 shares during the period. Goldman Sachs Group Inc. raised its position in Alerian MLP ETF by 54.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 14,607,500 shares of the exchange traded fund’s stock valued at $559,467,000 after purchasing an additional 5,174,427 shares during the last quarter. TIAA Trust National Association bought a new position in Alerian MLP ETF in the 3rd quarter valued at $42,485,000. Finally, Wright Fund Management LLC bought a new position in Alerian MLP ETF in the 3rd quarter valued at $37,355,000.

Alerian MLP ETF Stock Up 0.5 %

AMLP stock opened at $47.08 on Thursday. The company has a market cap of $7.71 billion, a P/E ratio of 13.30 and a beta of 1.42. Alerian MLP ETF has a twelve month low of $37.06 and a twelve month high of $47.50. The business has a fifty day moving average of $45.31 and a 200-day moving average of $43.42.

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.