Signature Estate & Investment Advisors LLC Sells 5,325 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Signature Estate & Investment Advisors LLC lessened its stake in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 1.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,849 shares of the exchange traded fund’s stock after selling 5,325 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $7,052,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Parsons Capital Management Inc. RI lifted its position in shares of JPMorgan Alerian MLP Index ETN by 2.0% during the second quarter. Parsons Capital Management Inc. RI now owns 64,650 shares of the exchange traded fund’s stock worth $1,623,000 after purchasing an additional 1,250 shares in the last quarter. Sigma Planning Corp bought a new stake in shares of JPMorgan Alerian MLP Index ETN in the second quarter valued at about $474,000. Twin Capital Management Inc. lifted its holdings in shares of JPMorgan Alerian MLP Index ETN by 60.3% in the second quarter. Twin Capital Management Inc. now owns 186,290 shares of the exchange traded fund’s stock valued at $4,678,000 after purchasing an additional 70,060 shares in the last quarter. Fund Evaluation Group LLC bought a new stake in shares of JPMorgan Alerian MLP Index ETN in the second quarter valued at about $522,000. Finally, Cutter & CO Brokerage Inc. bought a new stake in shares of JPMorgan Alerian MLP Index ETN in the second quarter valued at about $296,000.

Shares of JPMorgan Alerian MLP Index ETN stock traded down $0.13 during trading on Thursday, reaching $22.89. The stock had a trading volume of 218,982 shares, compared to its average volume of 1,688,141. The business’s fifty day simple moving average is $24.95. JPMorgan Alerian MLP Index ETN has a 52 week low of $21.09 and a 52 week high of $29.61.

Further Reading: Golden Cross

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

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