Global Retirement Partners LLC Buys 37,081 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Global Retirement Partners LLC grew its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 59.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,379 shares of the company’s stock after acquiring an additional 37,081 shares during the quarter. Global Retirement Partners LLC’s holdings in Global X MLP ETF were worth $4,910,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in shares of Global X MLP ETF by 32.0% during the third quarter. JPMorgan Chase & Co. now owns 16,298 shares of the company’s stock valued at $782,000 after acquiring an additional 3,953 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Global X MLP ETF by 17.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,800 shares of the company’s stock worth $975,000 after buying an additional 3,000 shares in the last quarter. Advisors Management Group Inc. ADV increased its holdings in Global X MLP ETF by 0.6% in the 3rd quarter. Advisors Management Group Inc. ADV now owns 234,459 shares of the company’s stock worth $11,249,000 after buying an additional 1,381 shares in the last quarter. Beck Capital Management LLC increased its holdings in Global X MLP ETF by 2.9% in the 3rd quarter. Beck Capital Management LLC now owns 45,743 shares of the company’s stock worth $2,195,000 after buying an additional 1,300 shares in the last quarter. Finally, Stephens Inc. AR increased its holdings in Global X MLP ETF by 11.6% in the 3rd quarter. Stephens Inc. AR now owns 91,504 shares of the company’s stock worth $4,390,000 after buying an additional 9,536 shares in the last quarter.

Global X MLP ETF Stock Performance

NYSEARCA MLPA opened at $53.51 on Thursday. Global X MLP ETF has a one year low of $45.28 and a one year high of $54.53. The stock has a 50-day moving average of $51.47 and a 200 day moving average of $49.44. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37.

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.