NewEdge Advisors LLC lifted its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 8.2% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 119,020 shares of the company’s stock after acquiring an additional 9,010 shares during the period. NewEdge Advisors LLC owned approximately 0.30% of Global X MLP ETF worth $6,412,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of MLPA. Foundations Investment Advisors LLC boosted 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 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 worth $11,466,000 after purchasing an additional 232,631 shares during the last quarter. Quadrature Capital Ltd increased its stake in 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. Matrix Private Capital Group LLC acquired a new position in Global X MLP ETF during the 1st quarter valued at approximately $7,641,000. Finally, Northwestern Mutual Wealth Management Co. raised 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 buying an additional 135,413 shares during the last quarter.
Global X MLP ETF Trading Down 0.6%
NYSEARCA:MLPA opened at $55.60 on Tuesday. Global X MLP ETF has a 12 month low of $46.39 and a 12 month high of $56.88. The firm has a fifty day simple moving average of $54.42 and a 200-day simple moving average of $53.86. The company has a market capitalization of $2.25 billion, a P/E ratio of 14.42 and a beta of 0.45.
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.
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