Alerian MLP ETF (NYSEARCA:AMLP) Stock Holdings Lifted by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 203,080 shares of the exchange traded fund’s stock after purchasing an additional 2,955 shares during the quarter. Alerian MLP ETF makes up approximately 2.6% of Riggs Asset Managment Co. Inc.’s investment portfolio, making the stock its 8th largest position. Riggs Asset Managment Co. Inc.’s holdings in Alerian MLP ETF were worth $9,571,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Pointe Capital Management LLC raised its holdings in Alerian MLP ETF by 2.1% in the 3rd quarter. Pointe Capital Management LLC now owns 24,596 shares of the exchange traded fund’s stock worth $1,159,000 after purchasing an additional 508 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in Alerian MLP ETF by 158.0% during the third quarter. J.W. Cole Advisors Inc. now owns 41,609 shares of the exchange traded fund’s stock valued at $1,961,000 after purchasing an additional 25,481 shares in the last quarter. Capital Advisors Ltd. LLC boosted its position in shares of Alerian MLP ETF by 29.4% in the third quarter. Capital Advisors Ltd. LLC now owns 23,722 shares of the exchange traded fund’s stock worth $1,118,000 after purchasing an additional 5,385 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Alerian MLP ETF by 4.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 338,226 shares of the exchange traded fund’s stock valued at $15,941,000 after purchasing an additional 13,479 shares during the period. Finally, PFG Investments LLC raised its position in shares of Alerian MLP ETF by 91.0% during the 3rd quarter. PFG Investments LLC now owns 17,947 shares of the exchange traded fund’s stock valued at $846,000 after purchasing an additional 8,549 shares during the period.

Alerian MLP ETF Trading Down 0.1 %

Alerian MLP ETF stock traded down $0.07 during mid-day trading on Friday, hitting $46.85. The stock had a trading volume of 1,507,858 shares, compared to its average volume of 1,299,214. Alerian MLP ETF has a one year low of $41.06 and a one year high of $49.44. The firm has a market capitalization of $8.43 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm’s 50 day moving average is $47.06 and its 200 day moving average is $47.00.

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.