Klingman & Associates LLC Cuts Stock Position in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Klingman & Associates LLC lessened its stake in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 52.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 248,216 shares of the exchange traded fund’s stock after selling 269,506 shares during the quarter. JPMorgan Alerian MLP Index ETN accounts for 3.2% of Klingman & Associates LLC’s investment portfolio, making the stock its 12th biggest holding. Klingman & Associates LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $6,233,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Chicago Partners Investment Group LLC grew its stake in JPMorgan Alerian MLP Index ETN by 1.7% in the second quarter. Chicago Partners Investment Group LLC now owns 31,654 shares of the exchange traded fund’s stock valued at $814,000 after purchasing an additional 516 shares during the last quarter. Perella Weinberg Partners Capital Management LP grew its stake in JPMorgan Alerian MLP Index ETN by 6.3% in the second quarter. Perella Weinberg Partners Capital Management LP now owns 130,719 shares of the exchange traded fund’s stock valued at $3,282,000 after purchasing an additional 7,776 shares during the last quarter. Alpha Cubed Investments LLC grew its stake in JPMorgan Alerian MLP Index ETN by 16.7% in the second quarter. Alpha Cubed Investments LLC now owns 95,378 shares of the exchange traded fund’s stock valued at $2,395,000 after purchasing an additional 13,639 shares during the last quarter. Bristlecone Advisors LLC purchased a new position in JPMorgan Alerian MLP Index ETN in the second quarter valued at about $699,000. Finally, Covenant Asset Management LLC grew its stake in JPMorgan Alerian MLP Index ETN by 8.9% in the second quarter. Covenant Asset Management LLC now owns 14,515 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 1,185 shares during the last quarter.

Shares of AMJ stock opened at $24.56 on Friday. JPMorgan Alerian MLP Index ETN has a fifty-two week low of $21.09 and a fifty-two week high of $29.87. The business’s 50-day simple moving average is $25.20.

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

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