Global Retirement Partners LLC Takes Position in Global X MLP ETF $MLPA

Global Retirement Partners LLC bought a new position in Global X MLP ETF (NYSEARCA:MLPA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 100,490 shares of the company’s stock, valued at approximately $5,045,000. Global Retirement Partners LLC owned about 0.28% of Global X MLP ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. bought a new stake in Global X MLP ETF during the first quarter worth about $761,000. Ameritas Advisory Services LLC bought a new position in shares of Global X MLP ETF in the second quarter valued at approximately $88,000. Barry Investment Advisors LLC boosted its holdings in shares of Global X MLP ETF by 6.7% in the 2nd quarter. Barry Investment Advisors LLC now owns 194,681 shares of the company’s stock worth $9,773,000 after acquiring an additional 12,159 shares in the last quarter. AlphaCore Capital LLC grew its position in Global X MLP ETF by 28.1% during the 2nd quarter. AlphaCore Capital LLC now owns 49,440 shares of the company’s stock worth $2,482,000 after acquiring an additional 10,840 shares during the last quarter. Finally, Sonora Investment Management Group LLC grew its position in Global X MLP ETF by 8.4% during the 2nd quarter. Sonora Investment Management Group LLC now owns 104,453 shares of the company’s stock worth $5,244,000 after acquiring an additional 8,054 shares during the last quarter.

Global X MLP ETF Stock Performance

Shares of MLPA opened at $48.12 on Tuesday. The stock has a fifty day moving average price of $48.13 and a two-hundred day moving average price of $49.32. Global X MLP ETF has a 52-week low of $45.09 and a 52-week high of $54.53. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 14.42 and a beta of 0.64.

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.