Global X MLP ETF $MLPA Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 177.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,000 shares of the company’s stock after purchasing an additional 16,000 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Global X MLP ETF were worth $1,331,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc grew its position in Global X MLP ETF by 3.4% in the 3rd quarter. IFP Advisors Inc now owns 7,899 shares of the company’s stock worth $421,000 after purchasing an additional 262 shares in the last quarter. Centurion Wealth Management LLC lifted its position in shares of 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 buying an additional 288 shares in the last quarter. Foresight Capital Management Advisors Inc. bought a new position in shares of Global X MLP ETF during the 3rd quarter worth approximately $31,000. LFG Wealth Partners LLC lifted its position in shares of Global X MLP ETF by 2.8% during the 1st quarter. LFG Wealth Partners LLC now owns 22,673 shares of the company’s stock worth $1,221,000 after buying an additional 608 shares in the last quarter. Finally, Triumph Capital Management bought a new position in shares of Global X MLP ETF during the 3rd quarter worth approximately $33,000.

Global X MLP ETF Stock Up 0.6%

Shares of NYSEARCA MLPA opened at $51.86 on Friday. Global X MLP ETF has a twelve month low of $47.01 and a twelve month high of $58.00. The stock’s 50 day moving average price is $55.02 and its 200-day moving average price is $54.32. The company has a market capitalization of $2.28 billion, a PE ratio of 14.42 and a beta of 0.48.

Global X MLP ETF 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.