Evergreen Capital Management LLC purchased a new position in Global X MLP ETF (NYSEARCA:MLPA – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 483,845 shares of the company’s stock, valued at approximately $25,760,000.
Several other institutional investors have also recently made changes to their positions in MLPA. Triumph Capital Management purchased a new position in shares of Global X MLP ETF during the 3rd quarter valued at about $33,000. Field & Main Bank purchased a new stake in Global X MLP ETF in the 2nd quarter worth approximately $99,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Global X MLP ETF in the 1st quarter worth approximately $102,000. NBH Bank purchased a new stake in Global X MLP ETF in the 2nd quarter worth approximately $119,000. Finally, NFSG Corp bought a new stake in Global X MLP ETF during the 3rd quarter worth approximately $150,000.
Global X MLP ETF Trading Up 1.5%
NYSEARCA MLPA opened at $54.58 on Friday. Global X MLP ETF has a 12 month low of $47.01 and a 12 month high of $58.00. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 14.42 and a beta of 0.49. The company’s 50 day moving average is $55.54 and its two-hundred day moving average is $54.80.
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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