Arete Wealth Advisors LLC Has $227,000 Stake in Global X MLP ETF (NYSEARCA:MLPA)

Arete Wealth Advisors LLC cut its stake in Global X MLP ETF (NYSEARCA:MLPA) by 51.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,601 shares of the company’s stock after selling 4,909 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Global X MLP ETF were worth $227,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of MLPA. LPL Financial LLC grew its position in shares of Global X MLP ETF by 6.9% during the 4th quarter. LPL Financial LLC now owns 763,739 shares of the company’s stock valued at $37,736,000 after acquiring an additional 48,999 shares during the period. Sykon Capital LLC lifted its stake in Global X MLP ETF by 2.3% in the fourth quarter. Sykon Capital LLC now owns 56,811 shares of the company’s stock valued at $2,807,000 after purchasing an additional 1,261 shares during the last quarter. Sei Investments Co. grew its holdings in Global X MLP ETF by 22.2% during the fourth quarter. Sei Investments Co. now owns 82,460 shares of the company’s stock valued at $4,074,000 after purchasing an additional 14,971 shares during the period. ProVise Management Group LLC purchased a new stake in Global X MLP ETF in the fourth quarter worth $218,000. Finally, Tocqueville Asset Management L.P. raised its stake in shares of Global X MLP ETF by 2.3% in the fourth quarter. Tocqueville Asset Management L.P. now owns 37,914 shares of the company’s stock valued at $1,873,000 after buying an additional 869 shares during the period.

Global X MLP ETF Stock Performance

MLPA stock opened at $48.16 on Tuesday. Global X MLP ETF has a fifty-two week low of $45.09 and a fifty-two week high of $54.53. The stock has a fifty day moving average of $52.78 and a 200-day moving average of $50.67. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 14.90 and a beta of 0.94.

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.