Global X MLP ETF (NYSEARCA:MLPA) Shares Purchased by MONECO Advisors LLC

MONECO Advisors LLC boosted its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 3.9% in the fourth quarter, HoldingsChannel reports. The firm owned 7,535 shares of the company’s stock after purchasing an additional 280 shares during the quarter. MONECO Advisors LLC’s holdings in Global X MLP ETF were worth $372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in Global X MLP ETF by 32.0% in the third quarter. JPMorgan Chase & Co. now owns 16,298 shares of the company’s stock valued at $782,000 after buying an additional 3,953 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position 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 valued at $975,000 after purchasing an additional 3,000 shares during the last quarter. Principal Securities Inc. boosted its stake in Global X MLP ETF by 7.2% during the 4th quarter. Principal Securities Inc. now owns 13,078 shares of the company’s stock valued at $646,000 after purchasing an additional 878 shares during the period. Advisors Management Group Inc. ADV grew its position 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 purchasing an additional 1,381 shares during the last quarter. Finally, Beck Capital Management LLC increased its stake in shares of Global X MLP ETF by 2.9% in the third quarter. Beck Capital Management LLC now owns 45,743 shares of the company’s stock valued at $2,195,000 after purchasing an additional 1,300 shares during the period.

Global X MLP ETF Trading Down 0.9 %

MLPA opened at $52.68 on Tuesday. Global X MLP ETF has a twelve month low of $45.28 and a twelve month high of $54.53. The stock has a market cap of $1.78 billion, a PE ratio of 12.27 and a beta of 0.37. The business’s 50 day moving average is $51.59 and its 200-day moving average is $49.55.

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.