TT Capital Management LLC purchased a new stake in Global X MLP ETF (NYSEARCA:MLPA – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 16,800 shares of the company’s stock, valued at approximately $813,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC acquired a new position in Global X MLP ETF in the third quarter valued at approximately $46,000. NBC Securities Inc. lifted its stake in Global X MLP ETF by 9.7% in the fourth quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock valued at $130,000 after buying an additional 238 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Global X MLP ETF by 541.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock valued at $143,000 after buying an additional 2,496 shares during the period. Newbridge Financial Services Group Inc. lifted its stake in Global X MLP ETF by 1,461.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,060 shares of the company’s stock valued at $148,000 after buying an additional 2,864 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in Global X MLP ETF in the third quarter valued at approximately $201,000.
Global X MLP ETF Stock Performance
Shares of MLPA opened at $54.74 on Friday. Global X MLP ETF has a 52-week low of $46.39 and a 52-week high of $56.53. The business’s 50 day moving average price is $54.23 and its two-hundred day moving average price is $52.02. The firm has a market cap of $2.18 billion, a PE ratio of 14.42 and a beta of 0.45.
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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