JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) Stock Position Decreased by Tranquility Partners LLC

Tranquility Partners LLC lessened its holdings in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,680 shares of the exchange traded fund’s stock after selling 1,412 shares during the period. Tranquility Partners LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $677,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Salem Investment Counselors Inc. grew its position in JPMorgan Alerian MLP Index ETN by 1.4% during the fourth quarter. Salem Investment Counselors Inc. now owns 32,165 shares of the exchange traded fund’s stock worth $700,000 after buying an additional 440 shares in the last quarter. Hancock Whitney Corp increased its position in shares of JPMorgan Alerian MLP Index ETN by 0.8% in the 1st quarter. Hancock Whitney Corp now owns 63,625 shares of the exchange traded fund’s stock valued at $1,412,000 after buying an additional 506 shares in the last quarter. MGO One Seven LLC increased its position in shares of JPMorgan Alerian MLP Index ETN by 3.3% in the 3rd quarter. MGO One Seven LLC now owns 16,307 shares of the exchange traded fund’s stock valued at $403,000 after buying an additional 521 shares in the last quarter. AlphaQ Advisors LLC boosted its stake in JPMorgan Alerian MLP Index ETN by 0.6% in the 3rd quarter. AlphaQ Advisors LLC now owns 88,566 shares of the exchange traded fund’s stock worth $2,188,000 after purchasing an additional 540 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in JPMorgan Alerian MLP Index ETN by 2.1% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 27,190 shares of the exchange traded fund’s stock worth $623,000 after purchasing an additional 550 shares during the period.

Insider Activity at JPMorgan Alerian MLP Index ETN

In related news, CEO Jennifer Piepszak sold 1,648 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $178.96, for a total value of $294,926.08. Following the sale, the chief executive officer now owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other JPMorgan Alerian MLP Index ETN news, CEO Jennifer Piepszak sold 1,648 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $178.96, for a total value of $294,926.08. Following the completion of the sale, the chief executive officer now directly owns 32,819 shares of the company’s stock, valued at approximately $5,873,288.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James Dimon sold 178,222 shares of the stock in a transaction that occurred 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 disclosure for this sale can be found here. Insiders have sold 1,020,696 shares of company stock valued at $186,794,151 over the last three months.

JPMorgan Alerian MLP Index ETN Stock Up 0.9 %

Shares of AMJ stock traded up $0.24 on Wednesday, reaching $27.31. The stock had a trading volume of 393,739 shares, compared to its average volume of 529,561. The firm’s 50-day moving average is $27.73 and its two-hundred day moving average is $26.19. JPMorgan Alerian MLP Index ETN has a 12 month low of $21.61 and a 12 month high of $29.16.

JPMorgan Alerian MLP Index ETN Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 8th. Stockholders of record on Thursday, February 29th were issued a dividend of $0.4227 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This is a boost from JPMorgan Alerian MLP Index ETN’s previous dividend of $0.41.