Raymond James Financial Services Advisors Inc. Purchases 12,279 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Raymond James Financial Services Advisors Inc. grew its position in Global X MLP ETF (NYSEARCA:MLPA – Get Rating) by 25.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 60,776 shares of the company’s stock after purchasing an additional 12,279 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.19% of Global X MLP ETF worth $2,509,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MLPA. MinichMacGregor Wealth Management LLC acquired a new position in shares of Global X MLP ETF in the fourth quarter valued at approximately $27,000. Accurate Wealth Management LLC acquired a new position in shares of Global X MLP ETF in the fourth quarter valued at approximately $51,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of Global X MLP ETF in the fourth quarter valued at approximately $79,000. JPMorgan Chase & Co. grew its position in shares of Global X MLP ETF by 15.2% in the first quarter. JPMorgan Chase & Co. now owns 2,413 shares of the company’s stock valued at $97,000 after purchasing an additional 318 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new position in shares of Global X MLP ETF in the first quarter valued at approximately $205,000.

Global X MLP ETF Trading Up 0.2 %

Global X MLP ETF stock opened at $42.50 on Wednesday. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 10.69 and a beta of 1.40. Global X MLP ETF has a 12 month low of $34.80 and a 12 month high of $44.22. The stock’s 50 day moving average is $41.56 and its 200-day moving average is $42.04.

Global X MLP ETF Profile

(Get Rating)

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.