Raymond James & Associates Cuts Position in ETRACS Alerian MLP Index ETN (AMU)

Raymond James & Associates trimmed its holdings in shares of ETRACS Alerian MLP Index ETN (NYSEARCA:AMU) by 31.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,127 shares of the company’s stock after selling 49,624 shares during the quarter. Raymond James & Associates owned approximately 0.60% of ETRACS Alerian MLP Index ETN worth $1,751,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its holdings in ETRACS Alerian MLP Index ETN by 231.6% in the first quarter. Jane Street Group LLC now owns 119,425 shares of the company’s stock worth $1,801,000 after purchasing an additional 83,408 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. grew its holdings in ETRACS Alerian MLP Index ETN by 22.8% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 16,481 shares of the company’s stock worth $249,000 after purchasing an additional 3,056 shares during the last quarter. Finally, US Bancorp DE purchased a new position in ETRACS Alerian MLP Index ETN in the second quarter worth $718,000.

NYSEARCA AMU opened at $17.02 on Friday. ETRACS Alerian MLP Index ETN has a 12-month low of $14.59 and a 12-month high of $19.18.

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Institutional Ownership by Quarter for ETRACS Alerian MLP Index ETN (NYSEARCA:AMU)

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