LGL Partners LLC Purchases 302 Shares of Global X MLP ETF (NYSEARCA:MLPA)

LGL Partners LLC lifted its position in Global X MLP ETF (NYSEARCA:MLPA) by 1.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 16,276 shares of the company’s stock after acquiring an additional 302 shares during the period. LGL Partners LLC’s holdings in Global X MLP ETF were worth $804,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Hara Capital LLC purchased a new position in Global X MLP ETF in the 3rd quarter worth approximately $59,000. Heck Capital Advisors LLC purchased a new position in shares of Global X MLP ETF in the fourth quarter worth $61,000. Advisors Asset Management Inc. purchased a new position in shares of Global X MLP ETF in the third quarter worth $65,000. Wilmington Savings Fund Society FSB bought a new position in shares of Global X MLP ETF during the third quarter valued at $80,000. Finally, Capital Advisors Ltd. LLC boosted its position in shares of Global X MLP ETF by 54.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 1,666 shares of the company’s stock valued at $82,000 after buying an additional 587 shares during the last quarter.

Global X MLP ETF Stock Performance

Shares of NYSEARCA:MLPA opened at $52.64 on Wednesday. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The business has a 50-day simple moving average of $51.73 and a two-hundred day simple moving average of $49.64. Global X MLP ETF has a fifty-two week low of $45.28 and a fifty-two week high of $54.53.

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.