NewEdge Advisors LLC raised its position in Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 16.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 75,686 shares of the company’s stock after purchasing an additional 10,545 shares during the period. NewEdge Advisors LLC owned 0.22% of Global X MLP ETF worth $3,740,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of MLPA. Flagship Wealth Advisors LLC purchased a new stake in Global X MLP ETF during the fourth quarter worth approximately $37,000. Heck Capital Advisors LLC purchased a new stake in Global X MLP ETF in the fourth quarter valued at $61,000. Wilmington Savings Fund Society FSB acquired a new position in Global X MLP ETF in the third quarter valued at $80,000. Capital Advisors Ltd. LLC grew its holdings in shares of Global X MLP ETF by 54.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 1,666 shares of the company’s stock worth $82,000 after purchasing an additional 587 shares during the last quarter. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of Global X MLP ETF during the fourth quarter worth about $116,000.
Global X MLP ETF Stock Performance
Global X MLP ETF stock opened at $49.89 on Monday. The stock has a 50-day simple moving average of $51.69 and a 200-day simple moving average of $50.68. The company has a market capitalization of $1.77 billion, a P/E ratio of 14.90 and a beta of 0.94. Global X MLP ETF has a fifty-two week low of $45.09 and a fifty-two week high of $54.53.
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.
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