Venture Visionary Partners LLC cut its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 50.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,830 shares of the company’s stock after selling 9,824 shares during the period. Venture Visionary Partners LLC’s holdings in Global X MLP ETF were worth $523,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. Demars Financial Group LLC acquired a new position in shares of Global X MLP ETF in the 1st quarter worth approximately $32,392,000. Jaffetilchin Investment Partners LLC lifted its position in shares of Global X MLP ETF by 3,801.3% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 225,106 shares of the company’s stock worth $11,982,000 after purchasing an additional 219,336 shares during the period. LPL Financial LLC lifted its position in shares of Global X MLP ETF by 15.9% in the 1st quarter. LPL Financial LLC now owns 885,205 shares of the company’s stock worth $47,119,000 after purchasing an additional 121,466 shares during the period. Capital Advisors Wealth Management LLC lifted its position in shares of Global X MLP ETF by 494.7% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 130,429 shares of the company’s stock worth $6,943,000 after purchasing an additional 108,496 shares during the period. Finally, Assetmark Inc. lifted its position in shares of Global X MLP ETF by 222,165.9% in the 1st quarter. Assetmark Inc. now owns 97,797 shares of the company’s stock worth $5,206,000 after purchasing an additional 97,753 shares during the period.
Global X MLP ETF Stock Performance
Shares of NYSEARCA MLPA opened at $49.64 on Friday. The company has a market capitalization of $1.79 billion, a P/E ratio of 14.42 and a beta of 1.40. Global X MLP ETF has a 52-week low of $45.09 and a 52-week high of $54.53. The company’s 50 day moving average price is $50.13 and its 200-day moving average price is $50.71.
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.
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