JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) Stake Lowered by First Allied Advisory Services Inc.

First Allied Advisory Services Inc. lowered its position in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,305 shares of the exchange traded fund’s stock after selling 539 shares during the period. First Allied Advisory Services Inc.’s holdings in JPMorgan Alerian MLP Index ETN were worth $365,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMJ. Financial Gravity Companies Inc. acquired a new stake in shares of JPMorgan Alerian MLP Index ETN during the fourth quarter worth about $25,000. Private Capital Group LLC acquired a new position in JPMorgan Alerian MLP Index ETN during the 4th quarter worth about $27,000. We Are One Seven LLC purchased a new stake in JPMorgan Alerian MLP Index ETN during the 4th quarter worth about $31,000. Cedar Wealth Management LLC purchased a new stake in JPMorgan Alerian MLP Index ETN during the 4th quarter worth about $44,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in JPMorgan Alerian MLP Index ETN during the 4th quarter worth about $55,000.

NYSEARCA AMJ traded up $0.08 during trading hours on Friday, hitting $25.32. 1,422,142 shares of the company were exchanged, compared to its average volume of 2,175,454. JPMorgan Alerian MLP Index ETN has a 52-week low of $21.09 and a 52-week high of $29.87.

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Institutional Ownership by Quarter for JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

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