AMJB Stock Summary and Trading Ideas (JPMorgan Chase & Co. Alerian MLP Index Etns Due January 28 2044 | ARCA:AMJB)

Alerian MLP Index ETNs Due January 28 2044 provide investors a convenient way to gain exposure to midstream energy MLPs. The ETNs pay a variable quarterly coupon linked to the cash distributions paid on the MLPs in the index, less accrued tracking fees. The Index measures the composite performance of MLPs that earn the majority of their cash flows from qualified activities involving energy commodities, which are referred to as Index Components, using a capped, float-adjusted, capitalization-weighted methodology. Qualified activities include compression, gathering and processing, liquefaction, marketing, pipeline transportation, rail terminating and storage of energy commodities.

JPMorgan Chase & Co. Alerian MLP Index Etns Due January 28 2044 trades on the ARCA stock market under the symbol AMJB.

As of February 5, 2025, AMJB stock price climbed to $33.00 with 11,978 million shares trading.

AMJB has a beta of 0.56, meaning it tends to be less sensitive to market movements. AMJB has a correlation of 0.23 to the broad based SPY ETF.

AMJB has a market cap of $905.43 million. This is considered a Small Cap stock.

AMJB has outperformed the market in the last year with a price return of +31.4% while the SPY ETF gained +23.4%. AMJB has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +18.9% and +1.2%, respectively, while the SPY returned +6.1% and 0.0%, respectively.

AMJB support price is $32.37 and resistance is $33.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMJB shares will trade within this expected range on the day.