NBC Securities Inc. Sells 3,978 Shares of Global X MLP ETF (NYSEARCA:MLPA)

NBC Securities Inc. lessened its holdings in Global X MLP ETF (NYSEARCA:MLPA) by 86.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 640 shares of the company’s stock after selling 3,978 shares during the period. NBC Securities Inc.’s holdings in Global X MLP ETF were worth $30,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Rothschild Investment LLC bought a new position in shares of Global X MLP ETF in the 2nd quarter valued at $30,000. Paladin Wealth LLC acquired a new position in Global X MLP ETF in the 3rd quarter worth about $40,000. Brown Financial Advisors bought a new position in Global X MLP ETF in the second quarter valued at about $43,000. Park Place Capital Corp acquired a new stake in shares of Global X MLP ETF during the first quarter valued at about $53,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of Global X MLP ETF during the second quarter worth about $63,000.

Global X MLP ETF Price Performance

Shares of NYSEARCA MLPA opened at $47.67 on Tuesday. The company has a 50 day simple moving average of $47.78 and a 200 day simple moving average of $47.79. Global X MLP ETF has a 1 year low of $43.40 and a 1 year high of $50.10. The firm has a market cap of $1.61 billion, a PE ratio of 12.27 and a beta of 0.37.

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.