Global X MLP ETF (NYSEARCA:MLPA – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $56.97 and last traded at $56.84, with a volume of 80950 shares trading hands. The stock had previously closed at $56.26.
Global X MLP ETF Stock Up 0.3%
The company has a fifty day simple moving average of $55.16 and a 200 day simple moving average of $54.32. The firm has a market capitalization of $2.31 billion, a P/E ratio of 14.42 and a beta of 0.45.
Hedge Funds Weigh In On Global X MLP ETF
Several large investors have recently modified their holdings of the stock. Dorsey & Whitney Trust CO LLC grew its position in Global X MLP ETF by 2.2% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 9,170 shares of the company’s stock valued at $444,000 after purchasing an additional 194 shares during the last quarter. WCG Wealth Advisors LLC raised its holdings in Global X MLP ETF by 1.9% in the third quarter. WCG Wealth Advisors LLC now owns 11,232 shares of the company’s stock worth $544,000 after buying an additional 212 shares during the last quarter. Centurion Wealth Management LLC raised its holdings in Global X MLP ETF by 1.2% in the second quarter. Centurion Wealth Management LLC now owns 24,348 shares of the company’s stock worth $1,292,000 after buying an additional 288 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Global X MLP ETF by 5.3% in the fourth quarter. Kestra Advisory Services LLC now owns 5,790 shares of the company’s stock worth $280,000 after buying an additional 292 shares in the last quarter. Finally, Keystone Financial Group lifted its stake in shares of Global X MLP ETF by 6.1% in the third quarter. Keystone Financial Group now owns 5,237 shares of the company’s stock worth $254,000 after buying an additional 300 shares in the last quarter.
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.
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