87,282 Shares in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) during the 4th quarter, HoldingsChannel.com reports. The firm bought 87,282 shares of the exchange traded fund’s stock, valued at approximately $2,213,000.

A number of other hedge funds also recently modified their holdings of AMJ. M&R Capital Management Inc. acquired a new position in JPMorgan Alerian MLP Index ETN during the fourth quarter valued at $76,000. Sound Income Strategies LLC acquired a new position in shares of JPMorgan Alerian MLP Index ETN in the 4th quarter valued at about $88,000. Arlington Trust Co LLC purchased a new stake in shares of JPMorgan Alerian MLP Index ETN in the fourth quarter worth approximately $142,000. Jaffetilchin Investment Partners LLC acquired a new stake in shares of JPMorgan Alerian MLP Index ETN during the third quarter worth approximately $201,000. Finally, Capital Asset Advisory Services LLC purchased a new position in JPMorgan Alerian MLP Index ETN during the fourth quarter valued at approximately $201,000.

Insider Activity at JPMorgan Alerian MLP Index ETN

In other JPMorgan Alerian MLP Index ETN news, CEO James Dimon sold 821,778 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total value of $150,163,493.94. Following the transaction, the chief executive officer now directly owns 595,316 shares of the company’s stock, valued at approximately $108,782,092.68. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, insider Robin Leopold sold 3,000 shares of JPMorgan Alerian MLP Index ETN stock in a transaction on Friday, May 10th. The shares were sold at an average price of $198.86, for a total value of $596,580.00. Following the completion of the sale, the insider now owns 44,113 shares of the company’s stock, valued at approximately $8,772,311.18. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO James Dimon sold 821,778 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total transaction of $150,163,493.94. Following the transaction, the chief executive officer now directly owns 595,316 shares in the company, valued at $108,782,092.68. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,066,506 shares of company stock valued at $195,621,185.

JPMorgan Alerian MLP Index ETN Trading Down 1.2 %

AMJ stock opened at $28.48 on Friday. The company has a 50 day moving average of $28.14 and a two-hundred day moving average of $26.63. JPMorgan Alerian MLP Index ETN has a 12-month low of $21.85 and a 12-month high of $29.16.

JPMorgan Alerian MLP Index ETN Increases Dividend

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

JPMorgan Alerian MLP Index ETN Company Profile

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.