Harbour Investments Inc. Decreases Stock Position in Global X MLP ETF $MLPA

Harbour Investments Inc. reduced its position in Global X MLP ETF (NYSEARCA:MLPA) by 2.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,609 shares of the company’s stock after selling 418 shares during the quarter. Harbour Investments Inc. owned approximately 0.05% of Global X MLP ETF worth $984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. LPL Financial LLC increased its position in Global X MLP ETF by 15.9% in the first quarter. LPL Financial LLC now owns 885,205 shares of the company’s stock worth $47,119,000 after buying an additional 121,466 shares during the last quarter. Raymond James Financial Inc. increased its position in Global X MLP ETF by 9.7% in the first quarter. Raymond James Financial Inc. now owns 751,173 shares of the company’s stock worth $39,985,000 after buying an additional 66,168 shares during the last quarter. Gradient Investments LLC increased its position in Global X MLP ETF by 1.1% in the second quarter. Gradient Investments LLC now owns 435,103 shares of the company’s stock worth $21,842,000 after buying an additional 4,751 shares during the last quarter. Cetera Investment Advisers increased its position in Global X MLP ETF by 4.0% in the first quarter. Cetera Investment Advisers now owns 374,434 shares of the company’s stock worth $19,931,000 after buying an additional 14,299 shares during the last quarter. Finally, Tectonic Advisors LLC increased its position in Global X MLP ETF by 9.2% in the second quarter. Tectonic Advisors LLC now owns 272,364 shares of the company’s stock worth $13,673,000 after buying an additional 23,000 shares during the last quarter.

Global X MLP ETF Price Performance

NYSEARCA:MLPA opened at $47.18 on Friday. Global X MLP ETF has a 1 year low of $45.09 and a 1 year high of $54.53. The business has a fifty day simple moving average of $48.86 and a two-hundred day simple moving average of $49.49. The company has a market capitalization of $1.77 billion, a P/E ratio of 14.42 and a beta of 1.40.

About Global X MLP ETF

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.