Global X MLP ETF (NYSEARCA:MLPA – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $56.89 and last traded at $56.83, with a volume of 106706 shares trading hands. The stock had previously closed at $56.23.
Global X MLP ETF Stock Up 1.1%
The stock has a market capitalization of $2.30 billion, a P/E ratio of 14.42 and a beta of 0.45. The stock has a 50 day simple moving average of $54.60 and a two-hundred day simple moving average of $54.05.
Institutional Investors Weigh In On Global X MLP ETF
Large investors have recently made changes to their positions in the stock. Turtle Creek Wealth Advisors LLC bought a new stake in Global X MLP ETF during the first quarter worth $102,000. NBC Securities Inc. lifted its stake in Global X MLP ETF by 9.7% in the fourth quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock valued at $130,000 after acquiring an additional 238 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Global X MLP ETF by 541.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock valued at $143,000 after acquiring an additional 2,496 shares during the period. Stillwater Private Wealth LLC bought a new position in shares of Global X MLP ETF in the 1st quarter valued at about $200,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Global X MLP ETF by 367.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,397 shares of the company’s stock worth $213,000 after purchasing an additional 3,456 shares during the last quarter.
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.
Further Reading
- Five stocks we like better than Global X MLP ETF
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Global X MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
