Noesis Capital Mangement Corp Has $6.56 Million Stock Position in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Noesis Capital Mangement Corp decreased its stake in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 258,818 shares of the exchange traded fund’s stock after selling 7,745 shares during the period. JPMorgan Alerian MLP Index ETN makes up 1.5% of Noesis Capital Mangement Corp’s portfolio, making the stock its 29th largest holding. Noesis Capital Mangement Corp owned approximately 0.21% of JPMorgan Alerian MLP Index ETN worth $6,564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Alerian MLP Index ETN by 3.7% in 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 acquiring an additional 2,807,000 shares during the period. International Assets Investment Management LLC acquired a new stake in JPMorgan Alerian MLP Index ETN during the fourth quarter worth $2,213,000. Pathstone Family Office LLC bought a new stake in JPMorgan Alerian MLP Index ETN in the 3rd quarter valued at $1,376,000. Keybank National Association OH raised its stake in shares of JPMorgan Alerian MLP Index ETN by 8.3% in the 3rd quarter. Keybank National Association OH now owns 706,280 shares of the exchange traded fund’s stock valued at $17,445,000 after buying an additional 53,874 shares in the last quarter. Finally, Kepos Capital LP lifted its holdings in shares of 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.

Insiders Place Their Bets

In related news, CEO Jennifer Piepszak sold 1,648 shares of the 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 $294,926.08. Following the completion of the sale, the chief executive officer now directly owns 32,819 shares of the company’s stock, valued at approximately $5,873,288.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO James Dimon sold 178,222 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the completion of the transaction, the chief executive officer now directly owns 264,461 shares in the company, valued at approximately $48,708,426.98. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jennifer Piepszak sold 1,648 shares of the 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 of the company’s stock, valued at $5,873,288.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,020,696 shares of company stock worth $186,794,151.

JPMorgan Alerian MLP Index ETN Stock Performance

NYSEARCA AMJ traded up $0.25 on Friday, reaching $28.27. The company’s stock had a trading volume of 546,011 shares, compared to its average volume of 524,571. JPMorgan Alerian MLP Index ETN has a 52 week low of $21.61 and a 52 week high of $29.16. The business has a 50-day moving average price of $28.03 and a 200 day moving average price of $26.50.

JPMorgan Alerian MLP Index ETN Increases Dividend

The business also recently announced 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. The ex-dividend date was Wednesday, February 28th. This is a boost from JPMorgan Alerian MLP Index ETN’s previous dividend of $0.41.

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.