Guild Investment Management Inc. raised its stake in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 10.1% in the fourth quarter, Holdings Channel reports. The fund owned 52,130 shares of the company’s stock after acquiring an additional 4,780 shares during the period. Global X MLP ETF comprises approximately 2.8% of Guild Investment Management Inc.’s holdings, making the stock its 14th biggest position. Guild Investment Management Inc.’s holdings in Global X MLP ETF were worth $2,576,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in MLPA. Black Swift Group LLC increased its stake in shares of Global X MLP ETF by 1.3% in the third quarter. Black Swift Group LLC now owns 41,155 shares of the company’s stock valued at $1,975,000 after buying an additional 535 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in shares of Global X MLP ETF in the third quarter valued at $65,000. Nwam LLC acquired a new stake in shares of Global X MLP ETF in the third quarter valued at $312,000. Pekin Hardy Strauss Inc. increased its stake in shares of Global X MLP ETF by 1.5% in 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 in the last quarter. Finally, Wiser Advisor Group LLC increased its stake in shares of Global X MLP ETF by 3.0% in the third quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock valued at $608,000 after buying an additional 373 shares in the last quarter.
Global X MLP ETF Stock Up 0.5 %
Shares of MLPA stock opened at $51.87 on Wednesday. The stock has a 50-day moving average price of $52.34 and a 200 day moving average price of $50.00. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 14.24 and a beta of 1.34. Global X MLP ETF has a 12 month low of $45.28 and a 12 month high of $54.53.
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.
Featured Stories
- Five stocks we like better than Global X MLP ETF
- 3 Ways To Invest In Coffee, Other Than Drinking It
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- How to start investing in penny stocks
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- Most active stocks: Dollar volume vs share volume
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Want to see what other hedge funds are holding MLPA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X MLP ETF (NYSEARCA:MLPA – Free Report).
Receive News & Ratings for Global X MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
