Silver Oak Securities Incorporated Purchases 1,261 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Silver Oak Securities Incorporated increased its position in Global X MLP ETF (NYSEARCA:MLPA) by 9.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 14,271 shares of the company’s stock after acquiring an additional 1,261 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Global X MLP ETF were worth $703,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates increased its stake in shares of Global X MLP ETF by 38.6% in the third quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock worth $22,316,000 after purchasing an additional 129,449 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Global X MLP ETF by 0.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 319,424 shares of the company’s stock worth $15,326,000 after buying an additional 844 shares during the period. Columbus Macro LLC purchased a new position in Global X MLP ETF in the 4th quarter valued at approximately $12,358,000. Advisors Management Group Inc. ADV raised its holdings in Global X MLP ETF by 4.4% during the 4th quarter. Advisors Management Group Inc. ADV now owns 244,814 shares of the company’s stock valued at $12,096,000 after acquiring an additional 10,355 shares during the period. Finally, Tectonic Advisors LLC lifted its position in shares of Global X MLP ETF by 9.3% during the third quarter. Tectonic Advisors LLC now owns 231,423 shares of the company’s stock worth $11,104,000 after acquiring an additional 19,700 shares in the last quarter.

Global X MLP ETF Price Performance

Global X MLP ETF stock opened at $52.68 on Friday. Global X MLP ETF has a one year low of $44.54 and a one year high of $54.53. The firm has a market capitalization of $1.78 billion, a P/E ratio of 12.27 and a beta of 0.37. The business has a fifty day moving average price of $51.17 and a 200-day moving average price of $49.18.

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.