Horizon Kinetics Asset Management LLC Has $2.72 Million Position in Alerian MLP ETF (NYSEARCA:AMLP)

Horizon Kinetics Asset Management LLC grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,727 shares of the exchange traded fund’s stock after buying an additional 2,230 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in Alerian MLP ETF were worth $2,721,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC lifted its stake in shares of Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after buying an additional 275,254 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Alerian MLP ETF by 15.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock valued at $96,317,000 after purchasing an additional 272,696 shares during the last quarter. Allen Investment Management LLC increased its stake in shares of Alerian MLP ETF by 16.8% during the second quarter. Allen Investment Management LLC now owns 1,315,442 shares of the exchange traded fund’s stock worth $63,115,000 after purchasing an additional 188,980 shares during the period. Raymond James & Associates lifted its holdings in Alerian MLP ETF by 2.4% during the 3rd quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after purchasing an additional 24,674 shares during the last quarter. Finally, Stephens Inc. AR boosted its stake in Alerian MLP ETF by 2.8% in the 3rd quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock valued at $46,387,000 after purchasing an additional 26,882 shares during the period.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $49.95 on Monday. The stock has a market capitalization of $8.99 billion, a P/E ratio of 13.08 and a beta of 0.48. The stock’s fifty day moving average is $47.45 and its 200 day moving average is $47.11. Alerian MLP ETF has a 52 week low of $41.06 and a 52 week high of $49.95.

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.