Matrix Private Capital Group LLC Takes Position in Global X MLP ETF $MLPA

Matrix Private Capital Group LLC acquired a new position in Global X MLP ETF (NYSEARCA:MLPA) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 141,841 shares of the company’s stock, valued at approximately $7,641,000. Global X MLP ETF makes up about 3.7% of Matrix Private Capital Group LLC’s investment portfolio, making the stock its 9th biggest position. Matrix Private Capital Group LLC owned about 0.36% of Global X MLP ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Renaissance Technologies LLC acquired a new position in Global X MLP ETF during the 1st quarter valued at about $388,000. Sei Investments Co. boosted its holdings in Global X MLP ETF by 6.7% in the first quarter. Sei Investments Co. now owns 184,166 shares of the company’s stock worth $9,921,000 after acquiring an additional 11,612 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Global X MLP ETF by 2.3% during the first quarter. Cetera Investment Advisers now owns 321,927 shares of the company’s stock worth $17,342,000 after acquiring an additional 7,370 shares during the last quarter. Independent Financial Group LLC purchased a new stake in shares of Global X MLP ETF during the first quarter worth about $1,185,000. Finally, Wealthfront Advisers LLC grew its stake in shares of Global X MLP ETF by 9.6% during the first quarter. Wealthfront Advisers LLC now owns 34,571 shares of the company’s stock worth $1,862,000 after acquiring an additional 3,040 shares during the last quarter.

Global X MLP ETF Stock Down 0.1%

MLPA opened at $56.36 on Friday. The company has a market cap of $2.28 billion, a P/E ratio of 14.42 and a beta of 0.45. The firm’s 50-day moving average price is $54.16 and its 200-day moving average price is $53.34. Global X MLP ETF has a 52-week low of $46.39 and a 52-week high of $56.88.

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.