Mellody L. Hobson Acquires 375 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) Stock

JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJGet Rating) Director Mellody L. Hobson bought 375 shares of the business’s stock in a transaction on Thursday, January 19th. The shares were purchased at an average cost of $134.53 per share, with a total value of $50,448.75. Following the transaction, the director now owns 22,040 shares in the company, valued at $2,965,041.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

JPMorgan Alerian MLP Index ETN Price Performance

JPMorgan Alerian MLP Index ETN stock opened at $22.82 on Monday. The firm has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $21.61. JPMorgan Alerian MLP Index ETN has a fifty-two week low of $17.73 and a fifty-two week high of $23.31.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AMJ. Wipfli Financial Advisors LLC acquired a new position in shares of JPMorgan Alerian MLP Index ETN during the third quarter valued at about $25,000. CWM LLC raised its position in JPMorgan Alerian MLP Index ETN by 51.6% in the third quarter. CWM LLC now owns 1,734 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 590 shares in the last quarter. Private Trust Co. NA acquired a new position in JPMorgan Alerian MLP Index ETN in the fourth quarter worth about $57,000. Destiny Wealth Partners LLC acquired a new position in JPMorgan Alerian MLP Index ETN in the second quarter worth about $63,000. Finally, Householder Group Estate & Retirement Specialist LLC acquired a new position in JPMorgan Alerian MLP Index ETN in the third quarter worth about $76,000.

Further Reading

Insider Buying and Selling by Quarter for JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

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