Stephens Inc. AR raised its position in Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 13.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,404 shares of the company’s stock after purchasing an additional 11,900 shares during the quarter. Stephens Inc. AR owned 0.31% of Global X MLP ETF worth $5,109,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Paladin Wealth LLC acquired a new position in shares of Global X MLP ETF in the third quarter valued at approximately $40,000. Capital Advisors Ltd. LLC grew its stake in shares of Global X MLP ETF by 94.4% in the third quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock worth $52,000 after acquiring an additional 524 shares in the last quarter. Hara Capital LLC purchased a new stake in shares of Global X MLP ETF during the third quarter worth $59,000. Heck Capital Advisors LLC purchased a new stake in shares of Global X MLP ETF during the fourth quarter worth $61,000. Finally, Advisors Asset Management Inc. acquired a new stake in shares of Global X MLP ETF in the third quarter valued at $65,000.
Global X MLP ETF Price Performance
MLPA opened at $53.16 on Tuesday. The business has a fifty day moving average price of $51.17 and a 200 day moving average price of $49.20. Global X MLP ETF has a 12 month low of $44.59 and a 12 month high of $54.53. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37.
About Global X MLP ETF
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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