SageView Advisory Group LLC Buys New Stake in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

SageView Advisory Group LLC purchased a new position in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,776 shares of the exchange traded fund’s stock, valued at approximately $324,000.

Other institutional investors have also modified their holdings of the company. Parkside Financial Bank & Trust lifted its stake in shares of JPMorgan Alerian MLP Index ETN by 2.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 432,068 shares of the exchange traded fund’s stock valued at $10,957,000 after purchasing an additional 8,671 shares during the period. Montag A & Associates Inc. raised its position in shares of JPMorgan Alerian MLP Index ETN by 53.6% in the fourth quarter. Montag A & Associates Inc. now owns 2,866 shares of the exchange traded fund’s stock worth $73,000 after acquiring an additional 1,000 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of JPMorgan Alerian MLP Index ETN by 9.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 126,856 shares of the exchange traded fund’s stock worth $3,217,000 after acquiring an additional 11,389 shares in the last quarter. LPL Financial LLC grew its position in shares of JPMorgan Alerian MLP Index ETN by 0.6% during the 3rd quarter. LPL Financial LLC now owns 829,831 shares of the exchange traded fund’s stock valued at $20,497,000 after acquiring an additional 4,584 shares during the period. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in shares of JPMorgan Alerian MLP Index ETN in the 4th quarter valued at about $789,000.

JPMorgan Alerian MLP Index ETN Stock Performance

Shares of AMJ stock opened at $28.30 on Thursday. JPMorgan Alerian MLP Index ETN has a 12-month low of $21.94 and a 12-month high of $29.16. The business’s 50 day moving average is $28.22 and its two-hundred day moving average is $27.21.

Insider Transactions at JPMorgan Alerian MLP Index ETN

In other JPMorgan Alerian MLP Index ETN news, CEO James Dimon sold 178,222 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the transaction, the chief executive officer now directly owns 264,461 shares of the company’s stock, valued at $48,708,426.98. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, insider Robin Leopold sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $198.86, for a total transaction of $596,580.00. Following the completion of the sale, the insider now directly owns 44,113 shares in the company, valued at $8,772,311.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James Dimon sold 178,222 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $184.18, for a total value of $32,824,927.96. Following the completion of the transaction, the chief executive officer now owns 264,461 shares in the company, valued at approximately $48,708,426.98. The disclosure for this sale can be found here. Insiders sold a total of 249,399 shares of company stock valued at $46,713,667 in the last three months.

JPMorgan Alerian MLP Index ETN Company Profile

The Alerian MLP Index ETN Due May 24 2024 (AMJ) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of North American energy infrastructure MLPs. AMJ was launched on Apr 2, 2009 and is issued by JPMorgan Chase.