Evergreen Capital Management LLC raised its position in JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) by 81.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,266,922 shares of the exchange traded fund’s stock after buying an additional 568,945 shares during the period. JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN comprises 6.1% of Evergreen Capital Management LLC’s portfolio, making the stock its 2nd largest position. Evergreen Capital Management LLC’s holdings in JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN were worth $37,628,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of AMJ. Apriem Advisors increased its position in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 1.8% in the second quarter. Apriem Advisors now owns 17,995 shares of the exchange traded fund’s stock valued at $534,000 after buying an additional 320 shares during the last quarter. New England Investment & Retirement Group Inc. increased its position in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 5.4% in the second quarter. New England Investment & Retirement Group Inc. now owns 130,460 shares of the exchange traded fund’s stock valued at $3,875,000 after buying an additional 6,722 shares during the last quarter. Meritage Portfolio Management increased its position in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 29.5% in the second quarter. Meritage Portfolio Management now owns 50,715 shares of the exchange traded fund’s stock valued at $1,506,000 after buying an additional 11,540 shares during the last quarter. Regentatlantic Capital LLC increased its position in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 1.6% in the second quarter. Regentatlantic Capital LLC now owns 1,185,531 shares of the exchange traded fund’s stock valued at $35,210,000 after buying an additional 18,861 shares during the last quarter. Finally, Hilton Capital Management LLC increased its position in shares of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN by 22.7% in the second quarter. Hilton Capital Management LLC now owns 73,617 shares of the exchange traded fund’s stock valued at $2,186,000 after buying an additional 13,643 shares during the last quarter.

JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) opened at 27.28 on Tuesday. The company’s 50-day moving average is $29.11 and its 200 day moving average is $30.83. JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN has a one year low of $26.99 and a one year high of $34.41.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Monday, August 28th will be given a dividend of $0.483 per share. This represents a $1.93 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date of this dividend is Thursday, August 24th.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of United States and international copyright legislation. The legal version of this piece of content can be read at https://www.watchlistnews.com/jpmorgan-chase-capital-xvi-jp-morgan-alerian-mlp-etn-amj-is-evergreen-capital-management-llcs-2nd-largest-position/1529898.html.

Institutional Ownership by Quarter for JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ)

Receive News & Ratings for JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN and related companies with Analyst Ratings Network's FREE daily email newsletter.