Lynx Capital Group Ltd. ADV bought a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) in the third quarter, Holdings Channel reports. The fund bought 19,792 shares of the company’s stock, valued at approximately $1,054,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Madrid Financial Services purchased a new position in shares of Global X MLP ETF during the third quarter valued at approximately $25,780,000. Evergreen Capital Management LLC purchased a new stake in shares of Global X MLP ETF in the 3rd quarter worth approximately $25,760,000. Gradient Investments LLC grew its stake in shares of Global X MLP ETF by 3.4% in the 2nd quarter. Gradient Investments LLC now owns 436,144 shares of the company’s stock worth $23,151,000 after buying an additional 14,343 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Global X MLP ETF by 7.2% in the 1st quarter. Royal Bank of Canada now owns 403,392 shares of the company’s stock worth $21,733,000 after buying an additional 26,983 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in Global X MLP ETF by 2.3% during the 1st quarter. Cetera Investment Advisers now owns 321,927 shares of the company’s stock valued at $17,342,000 after buying an additional 7,370 shares in the last quarter.
Global X MLP ETF Stock Up 0.9%
MLPA stock opened at $51.77 on Wednesday. The business has a 50 day moving average of $54.80 and a 200 day moving average of $54.33. The firm has a market cap of $2.25 billion, a PE ratio of 14.42 and a beta of 0.48. Global X MLP ETF has a twelve month low of $47.52 and a twelve month high of $58.00.
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.
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