Greenspring Advisors LLC Takes Position in Global X MLP ETF (NYSEARCA:MLPA)

Greenspring Advisors LLC acquired a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) during the 4th quarter, Holdings Channel.com reports. The firm acquired 4,478 shares of the company’s stock, valued at approximately $221,000.

Several other large investors have also recently added to or reduced their stakes in MLPA. Paladin Wealth LLC acquired a new stake in shares of Global X MLP ETF during the third quarter worth $40,000. Capital Advisors Ltd. LLC grew its position in shares of Global X MLP ETF by 94.4% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock valued at $52,000 after buying an additional 524 shares during the last quarter. Hara Capital LLC acquired a new stake in Global X MLP ETF during the third quarter worth about $59,000. Heck Capital Advisors LLC bought a new position in Global X MLP ETF in the fourth quarter worth about $61,000. Finally, Advisors Asset Management Inc. acquired a new position in Global X MLP ETF in the third quarter valued at approximately $65,000.

Global X MLP ETF Trading Up 1.4 %

NYSEARCA:MLPA opened at $54.53 on Thursday. The stock has a 50 day moving average of $51.07 and a 200-day moving average of $49.11. The firm has a market capitalization of $1.84 billion, a PE ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a 52 week low of $44.49 and a 52 week high of $54.53.

Global X MLP ETF Company Profile

The Global X MLP ETF (MLPA) is an exchange-traded fund that is based on the Solactive MLP Infrastructure index, a market-cap-weighted index of US-listed midstream MLPs, and is structured as a C-corporation. MLPA was launched on Apr 18, 2012 and is managed by Global X.