NBW Capital LLC Purchases 17,204 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

NBW Capital LLC lifted its stake in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 103.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,901 shares of the exchange traded fund’s stock after buying an additional 17,204 shares during the quarter. NBW Capital LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $966,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its stake in JPMorgan Alerian MLP Index ETN by 19.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 28,883 shares of the exchange traded fund’s stock valued at $732,000 after acquiring an additional 4,715 shares in the last quarter. Smallwood Wealth Investment Management LLC lifted its holdings in JPMorgan Alerian MLP Index ETN by 2.8% in the 4th quarter. Smallwood Wealth Investment Management LLC now owns 60,463 shares of the exchange traded fund’s stock worth $1,533,000 after buying an additional 1,655 shares during the period. International Assets Investment Management LLC bought a new stake in JPMorgan Alerian MLP Index ETN in the fourth quarter valued at $2,213,000. Arlington Trust Co LLC purchased a new position in shares of JPMorgan Alerian MLP Index ETN during the fourth quarter valued at about $142,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in shares of JPMorgan Alerian MLP Index ETN during the 4th quarter worth approximately $789,000.

Insider Transactions at JPMorgan Alerian MLP Index ETN

In related news, insider Elena A. Korablina sold 21,829 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $190.91, for a total transaction of $4,167,374.39. Following the sale, the insider now owns 6,484 shares of the company’s stock, valued at $1,237,860.44. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Elena A. Korablina sold 21,829 shares of JPMorgan Alerian MLP Index ETN stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $190.91, for a total transaction of $4,167,374.39. Following the completion of the transaction, the insider now directly owns 6,484 shares of the company’s stock, valued at approximately $1,237,860.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, General Counsel Stacey Friedman sold 4,415 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $200.65, for a total transaction of $885,869.75. Following the transaction, the general counsel now directly owns 42,124 shares in the company, valued at $8,452,180.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 67,257 shares of company stock valued at $13,122,928.

JPMorgan Alerian MLP Index ETN Price Performance

NYSEARCA AMJ remained flat at $28.30 during trading hours on Friday. The business’s 50 day moving average is $28.30 and its two-hundred day moving average is $27.87. JPMorgan Alerian MLP Index ETN has a 52-week low of $21.94 and a 52-week high of $29.16.

About JPMorgan Alerian MLP Index ETN

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.