ETF Worth Mentioning: The Net Inflows Of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN Point to $114.24M Net Inflows Due To 3.28% Assets Increase

ETF Worth Mentioning: The Net Inflows Of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN Point to $114.24M Net Inflows Due To 3.28% Assets Increase

Today were published JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ)‘s daily net flows. The ETF registered $114.24M asset inflows for 3.28% increase, reaching $3601.10M after yestarday’s trading session. The chart of JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 0.29% or $0.09 on November 23, hitting $30.85. JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) has declined 1.30% since April 29, 2016 and is downtrending. It has underperformed by 7.39% the S&P500.

The ETF’s YTD performance is 0%, the 1 year is 0% and the 3 year is 0%.

JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001.

More important recent JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) news were published by: Blogs.Wsj.com which released: “JP Morgan Alerian MLP ETN Comes Unglued from Underlying Index” on May 07, 2013, also Marketwatch.com published article titled: “JPMorgan Alerian MLP ETN”, Benzinga.com published: “Acronym Soup: Income With MLP ETNs” on December 04, 2015. More interesting news about JPMorgan Chase Capital XVI JP Morgan Alerian MLP ETN (NYSEARCA:AMJ) was released by: Benzinga.com and their article: “There Might Be Some Good News For MLP ETFs” with publication date: August 12, 2015.

AMJ Company Profile

JPMorgan Chase & Co. (JPMorgan Chase), incorporated on October 28, 1968, is a financial holding company. The Firm is engaged in investment banking, financial services for clients and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chase’s activities are organized into four business divisions, as well as a Corporate segment. The Company’s divisions are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Company’s principal bank subsidiaries are JPMorgan Chase Bank, National Association (JPMorgan Chase Bank, N.A.), a national banking association with branches in over 20 states, and Chase Bank USA, National Association (Chase Bank USA, N.A.), a national banking association that is the Company’s credit card-issuing bank. JPMorgan Chase’s principal nonbank subsidiary is J.P. Morgan Securities LLC (JPMorgan Securities), the Company’s the United States investment banking firm. The bank and nonbank subsidiaries of JPMorgan Chase operate nationally, as well as through overseas branches and subsidiaries, representative offices and subsidiary foreign banks. The Company’s principal operating subsidiary in the United Kingdom is J.P. Morgan Securities plc, a subsidiary of JPMorgan Chase Bank, N.A.

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