MML Investors Services LLC raised its holdings in Global X MLP ETF (NYSEARCA:MLPA – Get Rating) by 31.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,724 shares of the company’s stock after buying an additional 6,336 shares during the period. MML Investors Services LLC owned about 0.08% of Global X MLP ETF worth $1,054,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in Global X MLP ETF by 1.7% in the third quarter. Envestnet Asset Management Inc. now owns 581,162 shares of the company’s stock valued at $22,921,000 after buying an additional 9,575 shares in the last quarter. RFG Advisory LLC raised its stake in Global X MLP ETF by 19.0% in the third quarter. RFG Advisory LLC now owns 113,179 shares of the company’s stock valued at $4,859,000 after buying an additional 18,050 shares in the last quarter. FDx Advisors Inc. increased its position in shares of Global X MLP ETF by 145.9% during the third quarter. FDx Advisors Inc. now owns 15,947 shares of the company’s stock worth $629,000 after purchasing an additional 9,463 shares in the last quarter. McGowan Group Asset Management Inc. increased its position in shares of Global X MLP ETF by 1.6% during the third quarter. McGowan Group Asset Management Inc. now owns 457,879 shares of the company’s stock worth $18,059,000 after purchasing an additional 7,183 shares in the last quarter. Finally, Ausdal Financial Partners Inc. acquired a new stake in shares of Global X MLP ETF during the third quarter worth about $272,000.
Global X MLP ETF Stock Performance
MLPA opened at $42.71 on Friday. The business’s 50-day simple moving average is $42.53 and its 200-day simple moving average is $42.09. Global X MLP ETF has a one year low of $34.80 and a one year high of $44.22. The stock has a market capitalization of $1.37 billion, a P/E ratio of 10.69 and a beta of 1.46.
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.
Further Reading
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