Alerian MLP ETN (NYSEARCA:AMJB – Get Free Report) insider Robin Leopold sold 2,500 shares of Alerian MLP ETN stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the transaction, the insider owned 71,047 shares in the company, valued at $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robin Leopold also recently made the following trade(s):
- On Tuesday, August 11th, Robin Leopold sold 2,500 shares of Alerian MLP ETN stock. The stock was sold at an average price of $361.41, for a total value of $903,525.00.
Alerian MLP ETN Stock Performance
Shares of NYSEARCA AMJB opened at $37.16 on Friday. Alerian MLP ETN has a 1-year low of $28.00 and a 1-year high of $38.55. The business has a fifty day moving average price of $36.94 and a 200 day moving average price of $35.58.
Alerian MLP ETN Cuts Dividend
Institutional Trading of Alerian MLP ETN
A number of institutional investors have recently modified their holdings of AMJB. Risk Paradigm Group LLC raised its stake in shares of Alerian MLP ETN by 34.1% during the 2nd quarter. Risk Paradigm Group LLC now owns 150,358 shares of the company’s stock worth $5,186,000 after acquiring an additional 38,210 shares in the last quarter. RPg Family Wealth Advisory LLC boosted its stake in Alerian MLP ETN by 37.4% in the second quarter. RPg Family Wealth Advisory LLC now owns 165,639 shares of the company’s stock valued at $5,713,000 after acquiring an additional 45,061 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Alerian MLP ETN by 236.2% in the second quarter. NewEdge Advisors LLC now owns 20,355 shares of the company’s stock worth $702,000 after purchasing an additional 14,300 shares during the last quarter. Baird Financial Group Inc. grew its holdings in Alerian MLP ETN by 1.4% in the second quarter. Baird Financial Group Inc. now owns 271,646 shares of the company’s stock worth $9,369,000 after purchasing an additional 3,774 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Alerian MLP ETN by 16.7% in the fourth quarter. JPMorgan Chase & Co. now owns 2,345,023 shares of the company’s stock worth $70,140,000 after purchasing an additional 335,000 shares during the last quarter.
Alerian MLP ETN Company Profile
The ALERIAN MLP INDEX ETNS DUE JANUARY 28, 2044 (AMJB) is an exchange-traded fund that is based on the Alerian MLP index. The fund tracks a market cap-weighted index of 50 North American energy MLPs. Securities are selected based on distributions. AMJB was launched on Apr 2, 2009 and is issued by JPMorgan Chase.
Further Reading
- Five stocks we like better than Alerian MLP ETN
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for Alerian MLP ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETN and related companies with MarketBeat.com's FREE daily email newsletter.
