James Dimon Sells 178,222 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) Stock

JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) CEO James Dimon sold 178,222 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $184.18, for a total value of $32,824,927.96. Following the sale, the chief executive officer now owns 264,461 shares of the company’s stock, valued at $48,708,426.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

James Dimon also recently made the following trade(s):

• On Thursday, February 22nd, James Dimon sold 821,778 shares of JPMorgan Alerian MLP Index ETN stock. The stock was sold at an average price of $182.73, for a total value of $150,163,493.94.

JPMorgan Alerian MLP Index ETN Price Performance

NYSEARCA AMJ opened at $27.07 on Wednesday. JPMorgan Alerian MLP Index ETN has a fifty-two week low of $21.61 and a fifty-two week high of $29.16. The stock’s fifty day moving average is $27.72 and its two-hundred day moving average is $26.17.

JPMorgan Alerian MLP Index ETN Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 8th. Investors of record on Thursday, February 29th were paid 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 was Wednesday, February 28th.

Institutional Investors Weigh In On JPMorgan Alerian MLP Index ETN

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased 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 period. CIBC Private Wealth Group LLC increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 2.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 7,434,116 shares of the exchange traded fund’s stock valued at $188,529,000 after acquiring an additional 175,050 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 18.7% in the 4th quarter. Bank of America Corp DE now owns 1,201,689 shares of the exchange traded fund’s stock valued at $261,000 after acquiring an additional 189,535 shares during the last quarter. Morgan Stanley increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 8.9% in the 4th quarter. Morgan Stanley now owns 1,121,484 shares of the exchange traded fund’s stock valued at $24,392,000 after acquiring an additional 91,307 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of JPMorgan Alerian MLP Index ETN by 0.6% in the 3rd quarter. LPL Financial LLC now owns 829,831 shares of the exchange traded fund’s stock valued at $20,497,000 after acquiring an additional 4,584 shares during the last quarter.