Commerce Bank Sells 5,651 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Commerce Bank lessened its stake in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,888 shares of the exchange traded fund’s stock after selling 5,651 shares during the period. Commerce Bank owned approximately 0.17% of JPMorgan Alerian MLP Index ETN worth $5,323,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its position in JPMorgan Alerian MLP Index ETN by 2.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 432,068 shares of the exchange traded fund’s stock worth $10,957,000 after purchasing an additional 8,671 shares during the period. Montag A & Associates Inc. grew its position in JPMorgan Alerian MLP Index ETN by 53.6% in the 4th quarter. Montag A & Associates Inc. now owns 2,866 shares of the exchange traded fund’s stock worth $73,000 after purchasing an additional 1,000 shares during the period. Atria Wealth Solutions Inc. grew its position in JPMorgan Alerian MLP Index ETN by 9.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 126,856 shares of the exchange traded fund’s stock worth $3,217,000 after purchasing an additional 11,389 shares during the period. MGO One Seven LLC grew its position in JPMorgan Alerian MLP Index ETN by 3.3% in the 3rd quarter. MGO One Seven LLC now owns 16,307 shares of the exchange traded fund’s stock worth $403,000 after purchasing an additional 521 shares during the period. Finally, LPL Financial LLC grew its position in JPMorgan Alerian MLP Index ETN by 0.6% in the 3rd quarter. LPL Financial LLC now owns 829,831 shares of the exchange traded fund’s stock worth $20,497,000 after purchasing an additional 4,584 shares during the period.

JPMorgan Alerian MLP Index ETN Price Performance

NYSEARCA:AMJ opened at $28.30 on Friday. JPMorgan Alerian MLP Index ETN has a 12 month low of $21.94 and a 12 month high of $29.16. The company has a 50 day simple moving average of $28.25 and a two-hundred day simple moving average of $26.86.

Insider Transactions at JPMorgan Alerian MLP Index ETN

In other news, CEO James Dimon sold 178,222 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 264,461 shares in the company, valued at approximately $48,708,426.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Lori A. Beer sold 3,920 shares of the company’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $195.36, for a total value of $765,811.20. Following the completion of the transaction, the insider now owns 64,783 shares of the company’s stock, valued at approximately $12,656,006.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO James Dimon sold 178,222 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the completion of the transaction, the chief executive officer now directly owns 264,461 shares of the company’s stock, valued at approximately $48,708,426.98. The disclosure for this sale can be found here. Insiders sold 249,399 shares of company stock worth $46,713,667 in the last three months.

About JPMorgan Alerian MLP Index ETN

The Alerian MLP Index ETN Due May 24 2024 (AMJ) is an exchange-traded fund that is based on the Alerian MLP index, a market-cap-weighted index of North American energy infrastructure MLPs. AMJ was launched on Apr 2, 2009 and is issued by JPMorgan Chase.