Global X MLP ETF (NYSEARCA:MLPA) Shares Purchased by Tectonic Advisors LLC

Tectonic Advisors LLC raised its stake in Global X MLP ETF (NYSEARCA:MLPA) by 0.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 231,764 shares of the company’s stock after acquiring an additional 341 shares during the period. Global X MLP ETF accounts for about 0.7% of Tectonic Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Tectonic Advisors LLC owned about 0.69% of Global X MLP ETF worth $11,451,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in MLPA. Columbus Macro LLC bought a new position in Global X MLP ETF during the 4th quarter worth $12,358,000. Raymond James & Associates grew its position in shares of Global X MLP ETF by 38.6% during the third quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock worth $22,316,000 after acquiring an additional 129,449 shares during the last quarter. Strong Tower Advisory Services grew its position in shares of Global X MLP ETF by 383.6% during the third quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock worth $1,747,000 after acquiring an additional 28,889 shares during the last quarter. Truist Financial Corp acquired a new stake in shares of Global X MLP ETF in the 2nd quarter worth about $838,000. Finally, Sonora Investment Management Group LLC lifted its position in Global X MLP ETF by 26.5% in the 4th quarter. Sonora Investment Management Group LLC now owns 81,479 shares of the company’s stock valued at $4,026,000 after purchasing an additional 17,090 shares during the last quarter.

Global X MLP ETF Trading Up 0.4 %

NYSEARCA MLPA opened at $53.80 on Wednesday. The company has a 50-day moving average price of $51.01 and a two-hundred day moving average price of $49.08. Global X MLP ETF has a 52 week low of $44.49 and a 52 week high of $54.12. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37.

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.