JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) Stock Holdings Increased by NEXT Financial Group Inc

NEXT Financial Group Inc increased its holdings in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 37.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,160 shares of the exchange traded fund’s stock after purchasing an additional 2,493 shares during the quarter. NEXT Financial Group Inc’s holdings in JPMorgan Alerian MLP Index ETN were worth $230,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Alerian MLP Index ETN by 110.2% during the first quarter. JPMorgan Chase & Co. now owns 22,959,983 shares of the exchange traded fund’s stock valued at $585,709,000 after acquiring an additional 12,037,757 shares during the period. Creative Planning raised its holdings in shares of JPMorgan Alerian MLP Index ETN by 3.2% during the first quarter. Creative Planning now owns 7,238,115 shares of the exchange traded fund’s stock valued at $184,644,000 after acquiring an additional 224,082 shares during the period. Brighton Jones LLC raised its holdings in shares of JPMorgan Alerian MLP Index ETN by 1.8% during the first quarter. Brighton Jones LLC now owns 3,467,655 shares of the exchange traded fund’s stock valued at $88,460,000 after acquiring an additional 61,397 shares during the period. Cibc Bank USA raised its holdings in shares of JPMorgan Alerian MLP Index ETN by 13.5% during the first quarter. Cibc Bank USA now owns 2,493,257 shares of the exchange traded fund’s stock valued at $63,603,000 after acquiring an additional 297,073 shares during the period. Finally, Richard C. Young & CO. LTD. raised its holdings in shares of JPMorgan Alerian MLP Index ETN by 42.8% during the first quarter. Richard C. Young & CO. LTD. now owns 700,912 shares of the exchange traded fund’s stock valued at $17,880,000 after acquiring an additional 209,996 shares during the period.

Shares of AMJ stock traded down $0.77 during trading hours on Monday, reaching $23.79. 97,303 shares of the stock traded hands, compared to its average volume of 1,686,846. JPMorgan Alerian MLP Index ETN has a 1-year low of $21.09 and a 1-year high of $29.87. The firm has a fifty day moving average of $25.20.

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

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