Thor Investment Management Inc. OH ADV bought a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor bought 32,378 shares of the company’s stock, valued at approximately $1,724,000. Global X MLP ETF accounts for 1.0% of Thor Investment Management Inc. OH ADV’s portfolio, making the stock its 24th biggest position.
Several other hedge funds also recently modified their holdings of the business. Legacy Wealth Asset Management LLC bought a new position in shares of Global X MLP ETF in the 3rd quarter valued at about $12,139,000. Matrix Private Capital Group LLC acquired a new stake in shares of Global X MLP ETF during the first quarter worth $7,641,000. Fifth Third Bancorp bought a new stake in Global X MLP ETF in the first quarter valued at about $5,886,000. Rockefeller Capital Management L.P. increased its holdings in Global X MLP ETF by 31.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 399,223 shares of the company’s stock valued at $19,326,000 after purchasing an additional 94,623 shares during the last quarter. Finally, Clear Trail Advisors LLC bought a new stake in Global X MLP ETF in the first quarter valued at about $4,976,000.
Global X MLP ETF Stock Performance
NYSEARCA:MLPA traded up $0.14 during mid-day trading on Tuesday, hitting $54.20. The company had a trading volume of 279,186 shares, compared to its average volume of 235,135. Global X MLP ETF has a fifty-two week low of $46.51 and a fifty-two week high of $58.00. The firm has a market cap of $2.29 billion, a P/E ratio of 14.42 and a beta of 0.49. The business’s fifty day moving average is $55.92 and its two-hundred day moving average is $54.83.
About Global X MLP ETF
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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