Global X MLP ETF $MLPA Shares Newly Purchased by TT Capital Management LLC

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

Several other institutional investors and hedge funds have also made changes to their positions in the business. Centurion Wealth Management LLC grew its holdings in Global X MLP ETF by 1.2% during the 2nd quarter. Centurion Wealth Management LLC now owns 24,348 shares of the company’s stock worth $1,292,000 after acquiring an additional 288 shares in the last quarter. AdvisorNet Financial Inc raised its stake in shares of Global X MLP ETF by 2.3% in the 1st quarter. AdvisorNet Financial Inc now owns 17,509 shares of the company’s stock valued at $943,000 after purchasing an additional 395 shares in the last quarter. Barry Investment Advisors LLC raised its stake in shares of Global X MLP ETF by 0.3% in the 1st quarter. Barry Investment Advisors LLC now owns 205,014 shares of the company’s stock valued at $11,044,000 after purchasing an additional 590 shares in the last quarter. LFG Wealth Partners LLC lifted its position in shares of Global X MLP ETF by 2.8% during the first quarter. LFG Wealth Partners LLC now owns 22,673 shares of the company’s stock worth $1,221,000 after purchasing an additional 608 shares during the last quarter. Finally, Triumph Capital Management bought a new position in shares of Global X MLP ETF during the third quarter worth about $33,000.

Global X MLP ETF Price Performance

NYSEARCA:MLPA traded down $0.27 during mid-day trading on Thursday, reaching $53.38. The stock had a trading volume of 100,747 shares, compared to its average volume of 239,502. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 14.42 and a beta of 0.49. Global X MLP ETF has a 1-year low of $46.83 and a 1-year high of $58.00. The stock’s 50 day simple moving average is $55.83 and its two-hundred day simple moving average is $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.