Salem Investment Counselors Inc. Purchases 19,385 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Salem Investment Counselors Inc. raised its stake in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 55.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,100 shares of the exchange traded fund’s stock after buying an additional 19,385 shares during the quarter. Salem Investment Counselors Inc.’s holdings in JPMorgan Alerian MLP Index ETN were worth $1,541,000 at the end of the most recent quarter.

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

Insider Buying and Selling at JPMorgan Alerian MLP Index ETN

In other news, CEO James Dimon sold 178,222 shares of the business’s stock in a transaction on Monday, April 15th. The stock was 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 $48,708,426.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO James Dimon sold 178,222 shares of the business’s stock in a transaction on Monday, April 15th. The stock was 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 $48,708,426.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lori A. Beer sold 5,298 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $200.64, for a total value of $1,062,990.72. Following the completion of the transaction, the insider now owns 46,375 shares of the company’s stock, valued at approximately $9,304,680. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 245,479 shares of company stock worth $45,947,856.

JPMorgan Alerian MLP Index ETN Trading Down 0.5 %

Shares of NYSEARCA:AMJ opened at $28.30 on Monday. The stock has a fifty day simple moving average of $28.24 and a two-hundred day simple moving average of $27.26. JPMorgan Alerian MLP Index ETN has a 12-month low of $21.94 and a 12-month high of $29.16.

JPMorgan Alerian MLP Index ETN 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.