Global X MLP ETF $MLPA Shares Bought by UBS Group AG

UBS Group AG lifted its stake in Global X MLP ETF (NYSEARCA:MLPA) by 3.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,047,656 shares of the company’s stock after acquiring an additional 36,634 shares during the quarter. UBS Group AG’s holdings in Global X MLP ETF were worth $50,717,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Bank of America Corp DE lifted its position in shares of Global X MLP ETF by 3.7% in the third quarter. Bank of America Corp DE now owns 1,187,268 shares of the company’s stock worth $57,488,000 after purchasing an additional 42,273 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of Global X MLP ETF by 0.6% in the fourth quarter. Evergreen Capital Management LLC now owns 489,625 shares of the company’s stock worth $23,703,000 after purchasing an additional 3,150 shares in the last quarter. Gradient Investments LLC lifted its position in shares of Global X MLP ETF by 2.4% in the fourth quarter. Gradient Investments LLC now owns 458,127 shares of the company’s stock worth $22,178,000 after purchasing an additional 10,858 shares in the last quarter. Advisors Management Group Inc. ADV raised its stake in shares of Global X MLP ETF by 0.9% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 253,032 shares of the company’s stock worth $12,252,000 after purchasing an additional 2,191 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Global X MLP ETF by 6.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 241,378 shares of the company’s stock worth $11,605,000 after purchasing an additional 14,298 shares in the last quarter.

Global X MLP ETF Price Performance

MLPA opened at $55.39 on Wednesday. Global X MLP ETF has a fifty-two week low of $46.39 and a fifty-two week high of $55.74. The business has a 50-day moving average of $53.86 and a 200-day moving average of $50.97. The company has a market capitalization of $2.20 billion, a PE ratio of 14.42 and a beta of 0.47.

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.