Valen Private Capital LLC Makes New Investment in Global X MLP ETF $MLPA

Valen Private Capital LLC bought a new position in Global X MLP ETF (NYSEARCA:MLPA) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 70,854 shares of the company’s stock, valued at approximately $3,772,000. Global X MLP ETF makes up about 1.2% of Valen Private Capital LLC’s investment portfolio, making the stock its 22nd largest holding.

Other large investors have also recently bought and sold shares of the company. Sowell Financial Services LLC acquired a new stake in shares of Global X MLP ETF during the third quarter valued at about $528,000. Evergreen Capital Management LLC bought a new stake in shares of Global X MLP ETF during the third quarter worth about $25,760,000. Tectonic Advisors LLC acquired a new position in shares of Global X MLP ETF in the third quarter valued at approximately $15,247,000. Capital Investment Advisors LLC acquired a new position in shares of Global X MLP ETF in the third quarter valued at approximately $248,000. Finally, MBL Wealth LLC acquired a new position in shares of Global X MLP ETF in the third quarter valued at approximately $8,811,000.

Global X MLP ETF Price Performance

Shares of NYSEARCA MLPA opened at $54.58 on Friday. The company has a 50 day simple moving average of $55.54 and a 200 day simple moving average of $54.80. The firm has a market cap of $2.39 billion, a PE ratio of 14.42 and a beta of 0.49. Global X MLP ETF has a 1 year low of $47.01 and a 1 year high of $58.00.

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.