Madison Asset Management LLC reduced its position in Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 5.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 186,095 shares of the company’s stock after selling 10,115 shares during the quarter. Madison Asset Management LLC owned about 0.47% of Global X MLP ETF worth $10,025,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Foundations Investment Advisors LLC lifted its stake in Global X MLP ETF by 4,705.6% in the 4th quarter. Foundations Investment Advisors LLC now owns 254,505 shares of the company’s stock worth $12,321,000 after purchasing an additional 249,209 shares in the last quarter. Greenspring Advisors LLC grew its position in shares of Global X MLP ETF by 5,502.2% during the 4th quarter. Greenspring Advisors LLC now owns 236,859 shares of the company’s stock valued at $11,466,000 after purchasing an additional 232,631 shares in the last quarter. Quadrature Capital Ltd grew its position in shares of Global X MLP ETF by 2,831.8% during the 4th quarter. Quadrature Capital Ltd now owns 160,544 shares of the company’s stock valued at $7,772,000 after purchasing an additional 155,068 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 worth $6,578,000 after purchasing an additional 135,413 shares during the period. Finally, Focus Partners Wealth increased its holdings in shares of Global X MLP ETF by 562.5% in the fourth quarter. Focus Partners Wealth now owns 148,850 shares of the company’s stock worth $7,230,000 after purchasing an additional 126,382 shares during the period.
Global X MLP ETF Stock Performance
Shares of MLPA stock opened at $55.66 on Wednesday. Global X MLP ETF has a 52-week low of $46.39 and a 52-week high of $56.53. The company has a market capitalization of $2.25 billion, a PE ratio of 14.42 and a beta of 0.45. The business’s fifty day moving average is $54.08 and its 200 day moving average is $53.21.
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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