Global X MLP ETF (NYSEARCA:MLPA) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lessened its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 8.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,538 shares of the company’s stock after selling 1,084 shares during the period. J.W. Cole Advisors Inc.’s holdings in Global X MLP ETF were worth $555,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Gradient Investments LLC increased its position in Global X MLP ETF by 71.5% during the fourth quarter. Gradient Investments LLC now owns 455,452 shares of the company’s stock worth $20,177,000 after buying an additional 189,931 shares during the period. Fulcrum Equity Management acquired a new position in Global X MLP ETF during the fourth quarter worth approximately $1,241,000. Global Retirement Partners LLC increased its position in Global X MLP ETF by 1,201.4% during the fourth quarter. Global Retirement Partners LLC now owns 19,170 shares of the company’s stock worth $854,000 after buying an additional 17,697 shares during the period. Financial Advocates Investment Management acquired a new position in Global X MLP ETF during the third quarter worth approximately $590,000. Finally, Pinnacle Associates Ltd. grew its stake in shares of Global X MLP ETF by 18.8% in the 3rd quarter. Pinnacle Associates Ltd. now owns 72,251 shares of the company’s stock valued at $3,222,000 after purchasing an additional 11,435 shares during the last quarter.

Global X MLP ETF Trading Up 0.4 %

Shares of MLPA stock opened at $47.97 on Wednesday. The business’s 50 day moving average is $47.36 and its two-hundred day moving average is $45.74. Global X MLP ETF has a twelve month low of $40.22 and a twelve month high of $49.25. The company has a market capitalization of $1.61 billion, a P/E ratio of 12.10 and a beta of 0.38.

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.