TT Capital Management LLC Makes New $985,000 Investment in Global X MLP ETF $MLPA

TT Capital Management LLC bought a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 18,500 shares of the company’s stock, valued at approximately $985,000.

Other large investors also recently bought and sold shares of the company. Charles Schwab Trust Co purchased a new stake in shares of Global X MLP ETF during the third quarter worth approximately $1,385,000. Triumph Capital Management acquired a new stake in Global X MLP ETF in the third quarter valued at approximately $33,000. Krilogy Financial LLC raised its holdings in Global X MLP ETF by 2.8% in the third quarter. Krilogy Financial LLC now owns 41,779 shares of the company’s stock valued at $2,259,000 after acquiring an additional 1,142 shares in the last quarter. Thor Investment Management Inc. OH ADV purchased a new position in Global X MLP ETF in the third quarter worth approximately $1,724,000. Finally, Sax Wealth Advisors LLC purchased a new position in Global X MLP ETF in the third quarter worth approximately $256,000.

Global X MLP ETF Stock Down 0.5%

NYSEARCA MLPA traded down $0.27 on Thursday, hitting $53.38. 100,747 shares of the stock were exchanged, compared to its average volume of 239,502. Global X MLP ETF has a fifty-two week low of $46.83 and a fifty-two week high of $58.00. The company has a market cap of $2.26 billion, a PE ratio of 14.42 and a beta of 0.49. The company has a 50-day moving average price of $55.83 and a 200-day moving average price of $54.81.

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.