Global X MLP ETF $MLPA Shares Newly Bought by Guild Investment Management Inc.

Guild Investment Management Inc. bought a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 41,420 shares of the company’s stock, valued at approximately $2,205,000. Global X MLP ETF makes up approximately 1.4% of Guild Investment Management Inc.’s portfolio, making the stock its 23rd biggest position. Guild Investment Management Inc. owned 0.09% of Global X MLP ETF as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of MLPA. Evergreen Capital Management LLC purchased a new position in shares of Global X MLP ETF in the 3rd quarter valued at about $25,760,000. Gradient Investments LLC raised its holdings in Global X MLP ETF by 3.4% in the 2nd quarter. Gradient Investments LLC now owns 436,144 shares of the company’s stock worth $23,151,000 after purchasing an additional 14,343 shares during the period. Royal Bank of Canada boosted its position in Global X MLP ETF by 7.2% during the first quarter. Royal Bank of Canada now owns 403,392 shares of the company’s stock worth $21,733,000 after purchasing an additional 26,983 shares in the last quarter. Cetera Investment Advisers boosted its position in Global X MLP ETF by 2.3% during the first quarter. Cetera Investment Advisers now owns 321,927 shares of the company’s stock worth $17,342,000 after purchasing an additional 7,370 shares in the last quarter. Finally, Tectonic Advisors LLC purchased a new position in Global X MLP ETF during the third quarter worth approximately $15,247,000.

Global X MLP ETF Trading Up 0.6%

Shares of MLPA opened at $51.86 on Friday. Global X MLP ETF has a 12 month low of $47.01 and a 12 month high of $58.00. The stock’s 50 day moving average is $55.02 and its two-hundred day moving average is $54.32. The firm has a market cap of $2.28 billion, a P/E ratio of 14.42 and a beta of 0.48.

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.