Brighton Jones LLC Sells 1,289,709 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Brighton Jones LLC lowered its position in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 78.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 360,575 shares of the exchange traded fund’s stock after selling 1,289,709 shares during the period. Brighton Jones LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $9,144,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Alerian MLP Index ETN by 3.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 77,949,569 shares of the exchange traded fund’s stock worth $1,925,354,000 after purchasing an additional 2,807,000 shares during the last quarter. International Assets Investment Management LLC bought a new position in JPMorgan Alerian MLP Index ETN during the fourth quarter worth $2,213,000. Pathstone Family Office LLC acquired a new position in JPMorgan Alerian MLP Index ETN in the third quarter valued at $1,376,000. Keybank National Association OH boosted its position in JPMorgan Alerian MLP Index ETN by 8.3% during the third quarter. Keybank National Association OH now owns 706,280 shares of the exchange traded fund’s stock valued at $17,445,000 after acquiring an additional 53,874 shares during the last quarter. Finally, Kepos Capital LP grew its holdings in JPMorgan Alerian MLP Index ETN by 63.8% during the 3rd quarter. Kepos Capital LP now owns 92,717 shares of the exchange traded fund’s stock worth $2,290,000 after acquiring an additional 36,130 shares during the period.

Insider Transactions 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 transaction of $294,926.08. Following the transaction, the chief executive officer now owns 32,819 shares in the company, valued at approximately $5,873,288.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Vice Chairman Peter Scher sold 1,810 shares of JPMorgan Alerian MLP Index ETN stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $178.96, for a total transaction of $323,917.60. Following the transaction, the insider now owns 44,956 shares of the company’s stock, valued at $8,045,325.76. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jennifer Piepszak sold 1,648 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $178.96, for a total transaction of $294,926.08. Following the transaction, the chief executive officer now owns 32,819 shares in the company, valued at $5,873,288.24. The disclosure for this sale can be found here. Insiders sold a total of 1,020,696 shares of company stock valued at $186,794,151 in the last quarter.

JPMorgan Alerian MLP Index ETN Stock Performance

Shares of AMJ stock traded down $0.62 during mid-day trading on Tuesday, hitting $27.98. The company’s stock had a trading volume of 600,752 shares, compared to its average volume of 523,142. The company’s fifty day simple moving average is $28.01 and its 200-day simple moving average is $26.43. JPMorgan Alerian MLP Index ETN has a 52 week low of $21.61 and a 52 week high of $29.16.

JPMorgan Alerian MLP Index ETN Increases Dividend

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