Shares of Global X MLP ETF (NYSEARCA:MLPA – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $56.68 and last traded at $56.09, with a volume of 9151 shares trading hands. The stock had previously closed at $56.07.
Global X MLP ETF Trading Down 0.1%
The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 14.42 and a beta of 0.45. The stock’s 50 day moving average price is $54.16 and its 200 day moving average price is $53.34.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Turtle Creek Wealth Advisors LLC bought a new position in Global X MLP ETF in the first quarter valued at approximately $102,000. NBC Securities Inc. raised its stake in shares of Global X MLP ETF by 9.7% during the 4th quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock worth $130,000 after purchasing an additional 238 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Global X MLP ETF by 541.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock valued at $143,000 after buying an additional 2,496 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in shares of Global X MLP ETF by 1,461.2% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,060 shares of the company’s stock valued at $148,000 after buying an additional 2,864 shares during the last quarter. Finally, Stillwater Private Wealth LLC bought a new position in shares of Global X MLP ETF in the first quarter valued at $200,000.
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.
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