Glass Jacobson Investment Advisors llc Reduces Stock Holdings in Global X MLP ETF (NYSEARCA:MLPA)

Glass Jacobson Investment Advisors llc reduced its position in Global X MLP ETF (NYSEARCA:MLPA) by 18.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,154 shares of the company’s stock after selling 266 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Global X MLP ETF were worth $56,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Blair William & Co. IL increased its holdings in Global X MLP ETF by 735.0% in the 2nd quarter. Blair William & Co. IL now owns 29,057 shares of the company’s stock worth $1,409,000 after acquiring an additional 25,577 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Global X MLP ETF by 15.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 8,277 shares of the company’s stock worth $401,000 after purchasing an additional 1,125 shares during the period. Pekin Hardy Strauss Inc. increased its stake in shares of Global X MLP ETF by 9.9% in the second quarter. Pekin Hardy Strauss Inc. now owns 59,212 shares of the company’s stock worth $2,872,000 after purchasing an additional 5,325 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Global X MLP ETF by 4.2% in the second quarter. J.W. Cole Advisors Inc. now owns 12,835 shares of the company’s stock valued at $622,000 after purchasing an additional 523 shares during the period. Finally, CoreCap Advisors LLC purchased a new stake in shares of Global X MLP ETF during the 2nd quarter valued at approximately $363,000.

Global X MLP ETF Trading Down 0.4 %

MLPA opened at $47.99 on Friday. The company has a 50 day moving average of $47.87 and a 200 day moving average of $47.74. Global X MLP ETF has a 12 month low of $42.78 and a 12 month high of $50.10. The company has a market cap of $1.62 billion, a PE 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.