Tranquility Partners LLC Has $677,000 Position in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Tranquility Partners LLC reduced its position in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,680 shares of the exchange traded fund’s stock after selling 1,412 shares during the quarter. Tranquility Partners LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $677,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC acquired a new position in JPMorgan Alerian MLP Index ETN in the third quarter worth about $26,000. UBS Group AG acquired a new stake in JPMorgan Alerian MLP Index ETN in the fourth quarter worth $34,000. Pacific Center for Financial Services acquired a new stake in shares of JPMorgan Alerian MLP Index ETN during the first quarter worth $44,000. M&R Capital Management Inc. acquired a new stake in shares of JPMorgan Alerian MLP Index ETN during the fourth quarter worth $76,000. Finally, Tyler Stone Wealth Management bought a new position in JPMorgan Alerian MLP Index ETN in the second quarter valued at $82,000.

JPMorgan Alerian MLP Index ETN Stock Performance

Shares of AMJ stock traded up $0.24 during midday trading on Wednesday, hitting $27.31. 393,739 shares of the company were exchanged, compared to its average volume of 529,561. The firm’s 50 day moving average price is $27.73 and its two-hundred day moving average price is $26.19. JPMorgan Alerian MLP Index ETN has a 52 week low of $21.61 and a 52 week high of $29.16.

JPMorgan Alerian MLP Index ETN Increases Dividend

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

Insider Buying and Selling at JPMorgan Alerian MLP Index ETN

In other JPMorgan Alerian MLP Index ETN news, CEO Jennifer Piepszak sold 1,648 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $178.96, for a total value of $294,926.08. Following the completion of the sale, the chief executive officer now directly owns 32,819 shares in the company, valued at $5,873,288.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other JPMorgan Alerian MLP Index ETN news, CEO Jennifer Piepszak sold 1,648 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $178.96, for a total value of $294,926.08. Following the transaction, the chief executive officer now directly owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ashley Bacon sold 3,368 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $179.00, for a total transaction of $602,872.00. Following the transaction, the insider now directly owns 202,093 shares in the company, valued at $36,174,647. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,020,696 shares of company stock worth $186,794,151.