Matrix Private Capital Group LLC Buys New Shares in Global X MLP ETF $MLPA

Matrix Private Capital Group LLC bought a new position in Global X MLP ETF (NYSEARCA:MLPA) in the first quarter, Holdings Channel.com reports. The firm bought 141,841 shares of the company’s stock, valued at approximately $7,641,000. Global X MLP ETF comprises about 3.7% of Matrix Private Capital Group LLC’s holdings, making the stock its 9th largest position.

Other large investors have also added to or reduced their stakes in the company. Foundations Investment Advisors LLC increased its holdings in shares of Global X MLP ETF by 4,705.6% in the fourth quarter. Foundations Investment Advisors LLC now owns 254,505 shares of the company’s stock valued at $12,321,000 after purchasing an additional 249,209 shares during the period. Greenspring Advisors LLC lifted its holdings in shares of Global X MLP ETF by 5,502.2% during the fourth quarter. Greenspring Advisors LLC now owns 236,859 shares of the company’s stock worth $11,466,000 after purchasing an additional 232,631 shares during the period. Quadrature Capital Ltd boosted its position in Global X MLP ETF by 2,831.8% in the fourth quarter. Quadrature Capital Ltd now owns 160,544 shares of the company’s stock valued at $7,772,000 after buying an additional 155,068 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Global X MLP ETF by 29,373.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 135,874 shares of the company’s stock valued at $6,578,000 after buying an additional 135,413 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in Global X MLP ETF by 562.5% in the 4th quarter. Focus Partners Wealth now owns 148,850 shares of the company’s stock worth $7,230,000 after buying an additional 126,382 shares during the period.

Global X MLP ETF Trading Down 0.1%

MLPA opened at $56.36 on Friday. Global X MLP ETF has a 12-month low of $46.39 and a 12-month high of $56.88. The firm has a market capitalization of $2.28 billion, a PE ratio of 14.42 and a beta of 0.45. The firm has a 50 day moving average of $54.16 and a two-hundred day moving average of $53.34.

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.