TT Capital Management LLC purchased a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 16,800 shares of the company’s stock, valued at approximately $813,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC lifted its stake in shares of Global X MLP ETF by 5.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 186,220 shares of the company’s stock worth $9,015,000 after acquiring an additional 10,088 shares during the period. Gradient Investments LLC lifted its stake in shares of Global X MLP ETF by 2.4% in the fourth quarter. Gradient Investments LLC now owns 458,127 shares of the company’s stock worth $22,178,000 after acquiring an additional 10,858 shares during the period. Madison Park Capital Advisors LLC acquired a new position in shares of Global X MLP ETF in the fourth quarter worth approximately $451,000. Greenspring Advisors LLC lifted its stake in shares of Global X MLP ETF by 5,502.2% in the fourth quarter. Greenspring Advisors LLC now owns 236,859 shares of the company’s stock worth $11,466,000 after acquiring an additional 232,631 shares during the period. Finally, Puff Wealth Management LLC acquired a new position in shares of Global X MLP ETF in the fourth quarter worth approximately $608,000.
Global X MLP ETF Price Performance
Global X MLP ETF stock opened at $54.74 on Friday. The stock’s 50 day moving average is $54.23 and its 200 day moving average is $52.02. The firm has a market cap of $2.18 billion, a P/E ratio of 14.42 and a beta of 0.45. Global X MLP ETF has a one year low of $46.39 and a one year high of $56.53.
Global X MLP ETF 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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