Meritage Portfolio Management Increases Holdings in JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Meritage Portfolio Management raised its stake in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 8.5% in the second quarter, Holdings Channel reports. The institutional investor owned 31,677 shares of the exchange traded fund’s stock after buying an additional 2,495 shares during the quarter. Meritage Portfolio Management’s holdings in JPMorgan Alerian MLP Index ETN were worth $795,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in AMJ. Winslow Evans & Crocker Inc. raised its stake in JPMorgan Alerian MLP Index ETN by 103.1% during the first quarter. Winslow Evans & Crocker Inc. now owns 926 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 470 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in JPMorgan Alerian MLP Index ETN during the first quarter valued at $55,000. Dividend Assets Capital LLC purchased a new position in JPMorgan Alerian MLP Index ETN during the second quarter valued at $60,000. Truvestments Capital LLC purchased a new position in JPMorgan Alerian MLP Index ETN during the first quarter valued at $71,000. Finally, Advisory Alpha LLC purchased a new position in JPMorgan Alerian MLP Index ETN during the first quarter valued at $161,000.

NYSEARCA:AMJ traded down $0.13 during trading hours on Friday, reaching $23.55. 1,293,049 shares of the company traded hands, compared to its average volume of 1,687,859. The firm has a 50-day moving average price of $25.09. JPMorgan Alerian MLP Index ETN has a 1 year low of $21.09 and a 1 year high of $29.87.

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

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

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