Assetmark Inc. Has $6.50 Million Stock Position in Global X MLP ETF (NYSEARCA:MLPA)

Assetmark Inc. raised its holdings in Global X MLP ETF (NYSEARCA:MLPA) by 10.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 146,603 shares of the company’s stock after acquiring an additional 14,044 shares during the quarter. Assetmark Inc. owned approximately 0.47% of Global X MLP ETF worth $6,495,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Simplex Trading LLC increased its position in shares of Global X MLP ETF by 81.5% during the fourth quarter. Simplex Trading LLC now owns 915 shares of the company’s stock worth $40,000 after buying an additional 411 shares during the period. Montag A & Associates Inc. acquired a new stake in shares of Global X MLP ETF during the fourth quarter worth $55,000. Principal Securities Inc. acquired a new stake in shares of Global X MLP ETF during the fourth quarter worth $97,000. Creative Financial Designs Inc. ADV increased its position in shares of Global X MLP ETF by 87.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,720 shares of the company’s stock worth $120,000 after buying an additional 1,268 shares during the period. Finally, Blair William & Co. IL increased its position in shares of Global X MLP ETF by 28.6% during the third quarter. Blair William & Co. IL now owns 3,358 shares of the company’s stock worth $150,000 after buying an additional 746 shares during the period.

Global X MLP ETF Stock Down 1.1 %

MLPA opened at $47.20 on Thursday. Global X MLP ETF has a twelve month low of $41.25 and a twelve month high of $49.25. The company has a fifty day moving average of $47.74 and a 200-day moving average of $46.16. The stock has a market cap of $1.60 billion, a PE ratio of 12.27 and a beta of 0.37.

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.