JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) CEO Sells $32,824,927.96 in Stock

JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) CEO James Dimon sold 178,222 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $184.18, for a total value of $32,824,927.96. Following the transaction, the chief executive officer now owns 264,461 shares of the company’s stock, valued at approximately $48,708,426.98. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

James Dimon also recently made the following trade(s):

• On Thursday, February 22nd, James Dimon sold 821,778 shares of JPMorgan Alerian MLP Index ETN stock. The shares were sold at an average price of $182.73, for a total value of $150,163,493.94.

JPMorgan Alerian MLP Index ETN Trading Up 0.9 %

Shares of AMJ opened at $27.31 on Thursday. The stock has a fifty day moving average price of $27.73 and a two-hundred day moving average price of $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 firm also recently disclosed a dividend, which was paid on Friday, March 8th. Shareholders of record on Thursday, February 29th were given 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.

Hedge Funds Weigh In On JPMorgan Alerian MLP Index ETN

Several institutional investors have recently bought and sold shares of AMJ. JPMorgan Chase & Co. raised its position in shares of JPMorgan Alerian MLP Index ETN by 3.7% during the third 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 last quarter. Equitable Holdings Inc. raised its position in shares of JPMorgan Alerian MLP Index ETN by 547.2% during the fourth quarter. Equitable Holdings Inc. now owns 288,050 shares of the exchange traded fund’s stock worth $6,265,000 after acquiring an additional 243,541 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of JPMorgan Alerian MLP Index ETN by 1,248.8% during the first quarter. Baird Financial Group Inc. now owns 228,612 shares of the exchange traded fund’s stock worth $4,780,000 after acquiring an additional 211,663 shares during the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan Alerian MLP Index ETN by 18.7% during the fourth quarter. Bank of America Corp DE now owns 1,201,689 shares of the exchange traded fund’s stock worth $261,000 after acquiring an additional 189,535 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in shares of JPMorgan Alerian MLP Index ETN by 2.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 7,434,116 shares of the exchange traded fund’s stock worth $188,529,000 after acquiring an additional 175,050 shares during the last quarter.