Oak Family Advisors LLC Reduces Stock Holdings in Alerian MLP ETF $AMLP

Oak Family Advisors LLC reduced its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 20.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 94,905 shares of the exchange traded fund’s stock after selling 24,573 shares during the quarter. Alerian MLP ETF accounts for approximately 1.4% of Oak Family Advisors LLC’s holdings, making the stock its 26th biggest position. Oak Family Advisors LLC’s holdings in Alerian MLP ETF were worth $4,996,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its position in Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after buying an additional 7,280 shares during the period. Qube Research & Technologies Ltd increased its holdings in Alerian MLP ETF by 16.4% during the second quarter. Qube Research & Technologies Ltd now owns 141,189 shares of the exchange traded fund’s stock valued at $6,898,000 after buying an additional 19,916 shares during the last quarter. Sei Investments Co. bought a new position in Alerian MLP ETF in the second quarter worth approximately $623,000. Diversify Advisory Services LLC bought a new position in Alerian MLP ETF in the second quarter worth approximately $224,000. Finally, Quantinno Capital Management LP boosted its stake in shares of Alerian MLP ETF by 63.3% during the 2nd quarter. Quantinno Capital Management LP now owns 50,768 shares of the exchange traded fund’s stock worth $2,481,000 after acquiring an additional 19,678 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $50.39 on Thursday. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22. The firm has a fifty day moving average price of $52.55 and a 200-day moving average price of $51.05. The company has a market cap of $11.75 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).