Global X MLP ETF (NYSEARCA:MLPA) Reaches New 12-Month High at $49.59

Global X MLP ETF (NYSEARCA:MLPA) shares reached a new 52-week high on Monday . The company traded as high as $49.59 and last traded at $49.59, with a volume of 141 shares traded. The stock had previously closed at $48.07.

Global X MLP ETF Stock Performance

The firm’s 50 day moving average is $47.68 and its 200-day moving average is $45.96. The company has a market cap of $1.60 billion, a PE ratio of 12.27 and a beta of 0.37.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MLPA. Simplex Trading LLC grew its position in Global X MLP ETF by 81.5% in the fourth quarter. Simplex Trading LLC now owns 915 shares of the company’s stock worth $40,000 after acquiring an additional 411 shares during the period. Heritage Wealth Advisors acquired a new position in shares of Global X MLP ETF in the 4th quarter worth approximately $52,000. Park Place Capital Corp purchased a new position in shares of Global X MLP ETF during the 1st quarter worth approximately $53,000. Montag A & Associates Inc. acquired a new stake in Global X MLP ETF in the 4th quarter valued at approximately $55,000. Finally, Principal Securities Inc. purchased a new stake in Global X MLP ETF in the fourth quarter valued at approximately $97,000.

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.