First Republic Investment Management Inc. raised its position in shares of ETRACS Alerian MLP Index ETN (NYSEARCA:AMU) by 187.9% in the first quarter, HoldingsChannel.com reports. The firm owned 39,203 shares of the company’s stock after acquiring an additional 25,588 shares during the period. First Republic Investment Management Inc.’s holdings in ETRACS Alerian MLP Index ETN were worth $628,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Aspiriant LLC boosted its stake in ETRACS Alerian MLP Index ETN by 85.6% during the 4th quarter. Aspiriant LLC now owns 1,285,691 shares of the company’s stock valued at $17,994,000 after purchasing an additional 592,818 shares during the period. Jane Street Group LLC boosted its stake in ETRACS Alerian MLP Index ETN by 426.7% during the 4th quarter. Jane Street Group LLC now owns 103,035 shares of the company’s stock valued at $1,442,000 after purchasing an additional 83,474 shares during the period. MRA Associates USA LLC acquired a new position in ETRACS Alerian MLP Index ETN during the 4th quarter valued at about $613,000. Drexel Morgan & Co. acquired a new position in ETRACS Alerian MLP Index ETN during the 4th quarter valued at about $504,000. Finally, Advisor Group Inc. boosted its stake in ETRACS Alerian MLP Index ETN by 5.8% during the 4th quarter. Advisor Group Inc. now owns 14,262 shares of the company’s stock valued at $200,000 after purchasing an additional 782 shares during the period.

ETRACS Alerian MLP Index ETN stock opened at $16.20 on Thursday. ETRACS Alerian MLP Index ETN has a 52-week low of $13.27 and a 52-week high of $18.79.

COPYRIGHT VIOLATION WARNING: This news story was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2019/05/16/first-republic-investment-management-inc-has-628000-holdings-in-etracs-alerian-mlp-index-etn-amu.html.

Read More: Price to Earnings Ratio (PE)

Want to see what other hedge funds are holding AMU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ETRACS Alerian MLP Index ETN (NYSEARCA:AMU).

Institutional Ownership by Quarter for ETRACS Alerian MLP Index ETN (NYSEARCA:AMU)

Receive News & Ratings for ETRACS Alerian MLP Index ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETRACS Alerian MLP Index ETN and related companies with MarketBeat.com's FREE daily email newsletter.