Sigma Planning Corp Decreases Stock Position in Global X MLP ETF (NYSEARCA:MLPA)

Sigma Planning Corp lessened its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 64.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,815 shares of the company’s stock after selling 8,676 shares during the period. Sigma Planning Corp’s holdings in Global X MLP ETF were worth $213,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its holdings in Global X MLP ETF by 87.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,720 shares of the company’s stock valued at $120,000 after purchasing an additional 1,268 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of Global X MLP ETF by 28.6% during the 3rd quarter. Blair William & Co. IL now owns 3,358 shares of the company’s stock valued at $150,000 after buying an additional 746 shares in the last quarter. International Assets Investment Management LLC bought a new position in Global X MLP ETF in the 4th quarter worth approximately $165,000. NBC Securities Inc. purchased a new position in Global X MLP ETF in the 3rd quarter valued at approximately $221,000. Finally, Allen Mooney & Barnes Investment Advisors LLC bought a new stake in Global X MLP ETF during the 3rd quarter valued at $223,000.

Global X MLP ETF Price Performance

Global X MLP ETF stock opened at $48.39 on Tuesday. The firm has a market capitalization of $1.63 billion, a P/E ratio of 12.10 and a beta of 0.38. Global X MLP ETF has a one year low of $40.22 and a one year high of $49.25. The business has a fifty day moving average price of $47.56 and a 200-day moving average price of $45.85.

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.