Global X MLP ETF (NYSEARCA:MLPA) Stock Position Raised by Naviter Wealth LLC

Naviter Wealth LLC lifted its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 385.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,144 shares of the company’s stock after purchasing an additional 23,939 shares during the period. Naviter Wealth LLC owned approximately 0.09% of Global X MLP ETF worth $1,489,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MLPA. Black Swift Group LLC boosted its stake in Global X MLP ETF by 1.3% in the 3rd quarter. Black Swift Group LLC now owns 41,155 shares of the company’s stock worth $1,975,000 after purchasing an additional 535 shares during the period. Advisors Asset Management Inc. acquired a new stake in shares of Global X MLP ETF in the third quarter worth $65,000. Nwam LLC purchased a new position in shares of Global X MLP ETF during the third quarter valued at $312,000. Pekin Hardy Strauss Inc. raised its position in Global X MLP ETF by 1.5% during the third quarter. Pekin Hardy Strauss Inc. now owns 60,114 shares of the company’s stock valued at $2,884,000 after buying an additional 902 shares during the period. Finally, Wiser Advisor Group LLC lifted its stake in Global X MLP ETF by 3.0% in the 3rd quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock worth $608,000 after acquiring an additional 373 shares in the last quarter.

Global X MLP ETF Trading Up 1.4 %

Shares of NYSEARCA MLPA opened at $51.57 on Friday. The firm has a market capitalization of $1.80 billion, a PE ratio of 14.24 and a beta of 1.34. Global X MLP ETF has a one year low of $45.28 and a one year high of $54.53. The business has a 50-day moving average price of $52.24 and a two-hundred day moving average price of $49.92.

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.