Adams Asset Advisors LLC acquired a new position in Global X MLP ETF (NYSEARCA:MLPA – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 67,781 shares of the company’s stock, valued at approximately $3,609,000. Adams Asset Advisors LLC owned 0.16% of Global X MLP ETF at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of MLPA. Gradient Investments LLC raised its stake in shares of Global X MLP ETF by 3.4% in the second quarter. Gradient Investments LLC now owns 436,144 shares of the company’s stock valued at $23,151,000 after purchasing an additional 14,343 shares in the last quarter. Royal Bank of Canada boosted its stake in Global X MLP ETF by 7.2% during the first quarter. Royal Bank of Canada now owns 403,392 shares of the company’s stock worth $21,733,000 after buying an additional 26,983 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in Global X MLP ETF by 31.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 399,223 shares of the company’s stock worth $19,326,000 after buying an additional 94,623 shares in the last quarter. Cetera Investment Advisers increased its holdings in Global X MLP ETF by 2.3% in the 1st quarter. Cetera Investment Advisers now owns 321,927 shares of the company’s stock valued at $17,342,000 after buying an additional 7,370 shares during the period. Finally, Barry Investment Advisors LLC increased its holdings in Global X MLP ETF by 0.3% in the 1st quarter. Barry Investment Advisors LLC now owns 205,014 shares of the company’s stock valued at $11,044,000 after buying an additional 590 shares during the period.
Global X MLP ETF Stock Performance
Shares of MLPA stock traded up $0.49 during mid-day trading on Thursday, reaching $54.27. The company’s stock had a trading volume of 216,865 shares, compared to its average volume of 234,055. Global X MLP ETF has a 1-year low of $46.39 and a 1-year high of $58.00. The company has a market cap of $2.29 billion, a P/E ratio of 14.42 and a beta of 0.49. The firm’s 50-day moving average is $56.06 and its two-hundred day moving average is $54.84.
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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