Chicago Partners Investment Group LLC bought a new position in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,775 shares of the company’s stock, valued at approximately $341,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truist Financial Corp purchased a new stake in Global X MLP ETF during the second quarter worth about $838,000. Sanctuary Advisors LLC purchased a new position in shares of Global X MLP ETF during the second quarter worth approximately $287,000. Future Financial Wealth Managment LLC grew its position in Global X MLP ETF by 5.2% in the 3rd quarter. Future Financial Wealth Managment LLC now owns 30,873 shares of the company’s stock valued at $1,481,000 after buying an additional 1,518 shares during the last quarter. Guild Investment Management Inc. lifted its holdings in Global X MLP ETF by 3.8% in the third quarter. Guild Investment Management Inc. now owns 47,350 shares of the company’s stock valued at $2,272,000 after acquiring an additional 1,750 shares during the period. Finally, Strong Tower Advisory Services lifted its holdings in Global X MLP ETF by 383.6% in the third quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock valued at $1,747,000 after acquiring an additional 28,889 shares during the period.
Global X MLP ETF Price Performance
MLPA opened at $53.80 on Wednesday. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The business has a 50-day moving average of $51.01 and a two-hundred day moving average of $49.08. Global X MLP ETF has a 12 month low of $44.49 and a 12 month high of $54.12.
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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