Custom Index Systems LLC Has $461,000 Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Custom Index Systems LLC lessened its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 29.1% in the third quarter, HoldingsChannel reports. The fund owned 9,780 shares of the exchange traded fund’s stock after selling 4,006 shares during the period. Custom Index Systems LLC’s holdings in Alerian MLP ETF were worth $461,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Retirement Planning Group LLC raised its stake in Alerian MLP ETF by 24.3% in the 2nd quarter. Retirement Planning Group LLC now owns 7,612 shares of the exchange traded fund’s stock worth $365,000 after purchasing an additional 1,489 shares in the last quarter. Dynamic Advisor Solutions LLC grew its position in Alerian MLP ETF by 22.2% during the second quarter. Dynamic Advisor Solutions LLC now owns 14,711 shares of the exchange traded fund’s stock worth $706,000 after buying an additional 2,673 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Alerian MLP ETF by 8.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 87,811 shares of the exchange traded fund’s stock worth $4,168,000 after acquiring an additional 6,486 shares during the period. EP Wealth Advisors LLC acquired a new position in Alerian MLP ETF in the 1st quarter valued at $228,000. Finally, Optimum Investment Advisors lifted its position in shares of Alerian MLP ETF by 40.0% during the 2nd quarter. Optimum Investment Advisors now owns 1,400 shares of the exchange traded fund’s stock valued at $67,000 after acquiring an additional 400 shares during the period.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $46.85 on Monday. The stock has a market capitalization of $8.43 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $49.44. The stock’s fifty day moving average is $47.06 and its 200 day moving average is $47.00.

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.