Raymond James Financial Inc. purchased a new position in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 685,004 shares of the company’s stock, valued at approximately $33,846,000.
Several other institutional investors and hedge funds have also bought and sold shares of MLPA. Wilmington Savings Fund Society FSB purchased a new position in shares of Global X MLP ETF during the third quarter worth $80,000. JPMorgan Chase & Co. raised its stake in shares of Global X MLP ETF by 32.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,298 shares of the company’s stock valued at $782,000 after buying an additional 3,953 shares during the last quarter. Legacy Wealth Management LLC MS acquired a new position in shares of Global X MLP ETF in the 4th quarter valued at about $233,000. Worth Asset Management LLC purchased a new stake in shares of Global X MLP ETF in the fourth quarter worth about $374,000. Finally, Advisors Management Group Inc. ADV grew its holdings in Global X MLP ETF by 4.4% during the fourth quarter. Advisors Management Group Inc. ADV now owns 244,814 shares of the company’s stock worth $12,096,000 after acquiring an additional 10,355 shares during the period.
Global X MLP ETF Trading Down 0.3 %
Shares of NYSEARCA:MLPA opened at $49.35 on Thursday. Global X MLP ETF has a 12-month low of $45.09 and a 12-month high of $54.53. The business has a 50 day moving average of $51.81 and a two-hundred day moving average of $50.62. The company has a market capitalization of $1.75 billion, a PE ratio of 14.90 and a beta of 0.94.
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.
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