Global X MLP ETF (NYSEARCA:MLPA) Shares Bought by LGL Partners LLC

LGL Partners LLC increased its stake in Global X MLP ETF (NYSEARCA:MLPA) by 27.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,080 shares of the company’s stock after acquiring an additional 3,292 shares during the period. LGL Partners LLC’s holdings in Global X MLP ETF were worth $668,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of MLPA. Simplex Trading LLC raised its stake in shares of Global X MLP ETF by 81.5% in the fourth quarter. Simplex Trading LLC now owns 915 shares of the company’s stock valued at $40,000 after acquiring an additional 411 shares in the last quarter. Creative Financial Designs Inc. ADV raised its stake in Global X MLP ETF by 87.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,720 shares of the company’s stock valued at $120,000 after buying an additional 1,268 shares in the last quarter. Blair William & Co. IL raised its stake in Global X MLP ETF by 28.6% in the third quarter. Blair William & Co. IL now owns 3,358 shares of the company’s stock valued at $150,000 after buying an additional 746 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Global X MLP ETF during the fourth quarter worth about $165,000. Finally, NBC Securities Inc. purchased a new position in shares of Global X MLP ETF during the third quarter worth about $221,000.

Global X MLP ETF Stock Performance

Shares of MLPA stock traded down $0.68 during mid-day trading on Tuesday, hitting $47.71. 55,285 shares of the stock were exchanged, compared to its average volume of 121,511. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 12.10 and a beta of 0.38. Global X MLP ETF has a 12-month low of $40.22 and a 12-month high of $49.25. The stock’s fifty day simple moving average is $47.56 and its two-hundred day simple moving average is $45.85.

Global X MLP ETF 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.