Murphy Capital Management Inc. Sells 2,500 Shares of JPMorgan Alerian MLP Index ETN (AMJ)

Murphy Capital Management Inc. cut its position in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 5.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,175 shares of the exchange traded fund’s stock after selling 2,500 shares during the quarter. Murphy Capital Management Inc.’s holdings in JPMorgan Alerian MLP Index ETN were worth $1,130,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Global Financial Private Capital LLC bought a new stake in JPMorgan Alerian MLP Index ETN in the 2nd quarter valued at about $212,000. Evanson Asset Management LLC bought a new stake in JPMorgan Alerian MLP Index ETN in the 2nd quarter valued at about $221,000. Shine Investment Advisory Services Inc. lifted its position in JPMorgan Alerian MLP Index ETN by 1,490.9% in the 2nd quarter. Shine Investment Advisory Services Inc. now owns 11,900 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 11,152 shares during the last quarter. Truepoint Inc. bought a new stake in JPMorgan Alerian MLP Index ETN in the 2nd quarter valued at about $347,000. Finally, GWM Advisors LLC bought a new stake in JPMorgan Alerian MLP Index ETN in the 2nd quarter valued at about $359,000.

Shares of NYSEARCA:AMJ opened at $27.62 on Thursday. JPMorgan Alerian MLP Index ETN has a fifty-two week low of $23.17 and a fifty-two week high of $30.74.

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

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