Clarendon Private LLC Buys Shares of 5,233 Global X MLP ETF (NYSEARCA:MLPA)

Clarendon Private LLC purchased a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,233 shares of the company’s stock, valued at approximately $259,000.

Several other institutional investors have also recently made changes to their positions in MLPA. Paladin Wealth LLC purchased a new stake in Global X MLP ETF during the third quarter worth $40,000. Brown Financial Advisors purchased a new stake in shares of Global X MLP ETF during the 2nd quarter worth $43,000. Capital Advisors Ltd. LLC boosted its position in Global X MLP ETF by 94.4% during the third quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock valued at $52,000 after purchasing an additional 524 shares in the last quarter. Hara Capital LLC bought a new stake in Global X MLP ETF during the third quarter valued at about $59,000. Finally, Advisors Asset Management Inc. purchased a new position in Global X MLP ETF in the third quarter valued at about $65,000.

Global X MLP ETF Stock Performance

MLPA stock opened at $53.36 on Friday. Global X MLP ETF has a one year low of $44.49 and a one year high of $54.02. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The firm has a 50-day simple moving average of $50.65 and a two-hundred day simple moving average of $48.92.

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.