Apriem Advisors Has $691,000 Position in JPMorgan Alerian MLP ETN (AMJ)

Apriem Advisors lifted its stake in shares of JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) by 36.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,495 shares of the exchange traded fund’s stock after acquiring an additional 6,500 shares during the period. Apriem Advisors’ holdings in JPMorgan Alerian MLP ETN were worth $691,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMJ. JPMorgan Chase & Co. grew its position in shares of JPMorgan Alerian MLP ETN by 71.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,112,062 shares of the exchange traded fund’s stock worth $256,778,000 after acquiring an additional 3,800,000 shares in the last quarter. Commerce Bank raised its stake in shares of JPMorgan Alerian MLP ETN by 3.8% in the 3rd quarter. Commerce Bank now owns 3,633,747 shares of the exchange traded fund’s stock worth $102,544,000 after buying an additional 133,554 shares in the last quarter. Brighton Jones LLC grew its holdings in shares of JPMorgan Alerian MLP ETN by 13.4% in the 3rd quarter. Brighton Jones LLC now owns 3,020,995 shares of the exchange traded fund’s stock worth $85,252,000 after acquiring an additional 356,725 shares during the last quarter. Haverford Trust Co. grew its holdings in shares of JPMorgan Alerian MLP ETN by 4.3% in the 3rd quarter. Haverford Trust Co. now owns 1,716,580 shares of the exchange traded fund’s stock worth $48,442,000 after acquiring an additional 70,868 shares during the last quarter. Finally, Sage Financial Group Inc. grew its holdings in shares of JPMorgan Alerian MLP ETN by 4.8% in the 3rd quarter. Sage Financial Group Inc. now owns 1,408,133 shares of the exchange traded fund’s stock worth $39,738,000 after acquiring an additional 64,017 shares during the last quarter.

Shares of JPMorgan Alerian MLP ETN (NYSEARCA:AMJ) traded up $0.19 during midday trading on Thursday, hitting $26.11. The company had a trading volume of 4,316,400 shares, compared to its average volume of 2,080,802. JPMorgan Alerian MLP ETN has a twelve month low of $24.93 and a twelve month high of $34.41.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Wednesday, November 29th will be issued a dividend of $0.4741 per share. The ex-dividend date is Tuesday, November 28th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 7.26%.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Stock Observer and is owned by of Stock Observer. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.thestockobserver.com/2017/12/07/apriem-advisors-has-691000-position-in-jpmorgan-alerian-mlp-etn-amj.html.

Institutional Ownership by Quarter for JPMorgan Alerian MLP ETN (NYSEARCA:AMJ)

Receive News & Ratings for JPMorgan Alerian MLP ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Alerian MLP ETN and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply