Alerian MLP ETF $AMLP Stock Sold by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC cut its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 66.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,111 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. Tempus Wealth Planning LLC’s holdings in Alerian MLP ETF were worth $265,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Fortress Financial Solutions LLC acquired a new stake in Alerian MLP ETF in the 3rd quarter valued at approximately $1,204,000. Sanders Morris Harris LLC bought a new stake in Alerian MLP ETF during the 3rd quarter valued at $10,286,000. Focus Financial Network Inc. boosted its position in Alerian MLP ETF by 3.2% during the 3rd quarter. Focus Financial Network Inc. now owns 27,221 shares of the exchange traded fund’s stock worth $1,412,000 after acquiring an additional 833 shares during the period. Enclave Advisors LLC boosted its position in Alerian MLP ETF by 1.3% during the 3rd quarter. Enclave Advisors LLC now owns 53,324 shares of the exchange traded fund’s stock worth $2,766,000 after acquiring an additional 671 shares during the period. Finally, Red Crane Wealth Management LLC boosted its position in Alerian MLP ETF by 1.7% during the 3rd quarter. Red Crane Wealth Management LLC now owns 12,706 shares of the exchange traded fund’s stock worth $659,000 after acquiring an additional 212 shares during the period.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $52.38 on Thursday. Alerian MLP ETF has a 1 year low of $45.22 and a 1 year high of $56.43. The stock has a market cap of $12.63 billion, a price-to-earnings ratio of 14.17 and a beta of 0.54. The business has a fifty day moving average of $54.39 and a 200-day moving average of $53.40.

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. 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).