Investors looking for ETFs with rising momentum should begin to consider the JPMorgan Alerian MLP Index ETN (AMJ). This product just hit a new 52-week high of $33.93 today, and is now up 66.16% from its 52-week low price of $20.42 per share.
Will this ETF continue its string of recent wins? Let’s take a closer look at the fund, its recent gains, the category it resides in, and its ratings and outlook to get a sense of whether its momentum is sustainable or not.