Wilshire Associates Inc Sells 89,050 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

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Wilshire Associates Inc lessened its holdings in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 31.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,280 shares of the exchange traded fund’s stock after selling 89,050 shares during the quarter. JPMorgan Alerian MLP Index ETN accounts for approximately 2.6% of Wilshire Associates Inc’s investment portfolio, making the stock its 17th biggest holding. Wilshire Associates Inc owned 0.16% of JPMorgan Alerian MLP Index ETN worth $2,512,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in AMJ. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Alerian MLP Index ETN by 48.0% in the first quarter. JPMorgan Chase & Co. now owns 49,908,324 shares of the exchange traded fund’s stock worth $450,672,000 after purchasing an additional 16,181,887 shares in the last quarter. Budros Ruhlin & Roe Inc. bought a new stake in JPMorgan Alerian MLP Index ETN during the first quarter worth $10,018,000. Creative Planning raised its position in JPMorgan Alerian MLP Index ETN by 63.3% during the first quarter. Creative Planning now owns 1,319,357 shares of the exchange traded fund’s stock worth $11,914,000 after acquiring an additional 511,220 shares in the last quarter. Brighton Jones LLC raised its position in JPMorgan Alerian MLP Index ETN by 7.5% during the second quarter. Brighton Jones LLC now owns 5,381,469 shares of the exchange traded fund’s stock worth $71,035,000 after acquiring an additional 377,530 shares in the last quarter. Finally, Pointe Capital Management LLC raised its position in JPMorgan Alerian MLP Index ETN by 1,025.1% during the first quarter. Pointe Capital Management LLC now owns 410,412 shares of the exchange traded fund’s stock worth $371,000 after acquiring an additional 373,935 shares in the last quarter.

In other JPMorgan Alerian MLP Index ETN news, CEO Mary E. Erdoes sold 24,554 shares of the stock in a transaction dated Wednesday, July 15th. The shares were sold at an average price of $99.52, for a total transaction of $2,443,614.08. Following the sale, the chief executive officer now directly owns 468,712 shares in the company, valued at $46,646,218.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

NYSEARCA AMJ traded up $0.06 on Friday, hitting $12.19. 1,376,651 shares of the stock were exchanged, compared to its average volume of 2,743,220. JPMorgan Alerian MLP Index ETN has a 52 week low of $6.15 and a 52 week high of $24.43. The business’s fifty day moving average is $13.15 and its 200 day moving average is $13.30.

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

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