SWS Partners Trims Stock Holdings in Global X MLP ETF (NYSEARCA:MLPA)

SWS Partners lowered its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 63.3% during the 4th quarter, HoldingsChannel reports. The fund owned 5,041 shares of the company’s stock after selling 8,680 shares during the period. SWS Partners’ holdings in Global X MLP ETF were worth $249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Hara Capital LLC bought a new position in shares of Global X MLP ETF in the third quarter valued at approximately $59,000. Heck Capital Advisors LLC bought a new position in Global X MLP ETF in the 4th quarter valued at $61,000. Advisors Asset Management Inc. bought a new position in Global X MLP ETF in the 3rd quarter valued at $65,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Global X MLP ETF during the 3rd quarter valued at $80,000. Finally, Capital Advisors Ltd. LLC increased its holdings in shares of Global X MLP ETF by 54.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 1,666 shares of the company’s stock worth $82,000 after purchasing an additional 587 shares during the period.

Global X MLP ETF Stock Performance

NYSEARCA:MLPA opened at $53.19 on Tuesday. Global X MLP ETF has a 52-week low of $45.28 and a 52-week high of $54.53. The stock has a fifty day moving average of $52.08 and a 200 day moving average of $49.83. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 14.24 and a beta of 1.34.

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.