Global X MLP ETF (NYSEARCA:MLPA) Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 877.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 157,468 shares of the company’s stock after buying an additional 141,353 shares during the period. Wealthfront Advisers LLC’s holdings in Global X MLP ETF were worth $7,780,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in Global X MLP ETF in the 4th quarter valued at $61,000. Advisors Asset Management Inc. acquired a new stake in Global X MLP ETF in the 3rd quarter valued at $65,000. Wilmington Savings Fund Society FSB acquired a new stake in Global X MLP ETF in the 3rd quarter valued at $80,000. Capital Advisors Ltd. LLC increased its holdings in Global X MLP ETF by 54.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 1,666 shares of the company’s stock valued at $82,000 after purchasing an additional 587 shares in the last quarter. Finally, Bank of Jackson Hole Trust acquired a new stake in Global X MLP ETF in the 4th quarter valued at $116,000.

Global X MLP ETF Trading Up 0.2 %

Shares of NYSEARCA MLPA opened at $51.98 on Thursday. Global X MLP ETF has a 12-month low of $45.28 and a 12-month high of $54.53. The company has a market cap of $1.82 billion, a P/E ratio of 14.24 and a beta of 1.34. The stock has a fifty day moving average price of $52.39 and a 200 day moving average price of $50.01.

Global X MLP ETF 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.