Advisory Alpha LLC Sells 545 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Advisory Alpha LLC cut its position in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 1.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 37,296 shares of the company’s stock after selling 545 shares during the period. Advisory Alpha LLC’s holdings in Global X MLP ETF were worth $1,846,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Strong Tower Advisory Services boosted its position in shares of Global X MLP ETF by 6.2% during the 4th quarter. Strong Tower Advisory Services now owns 38,685 shares of the company’s stock valued at $1,911,000 after acquiring an additional 2,265 shares during the last quarter. Capital Advisors Wealth Management LLC increased its holdings in shares of Global X MLP ETF by 2.6% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 21,933 shares of the company’s stock worth $1,084,000 after buying an additional 550 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in shares of Global X MLP ETF by 9.4% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 167,430 shares of the company’s stock valued at $8,273,000 after acquiring an additional 14,390 shares during the last quarter. Advisors Management Group Inc. ADV lifted its holdings in shares of Global X MLP ETF by 4.4% in the 4th quarter. Advisors Management Group Inc. ADV now owns 244,814 shares of the company’s stock valued at $12,096,000 after acquiring an additional 10,355 shares during the last quarter. Finally, Worth Asset Management LLC bought a new stake in Global X MLP ETF during the fourth quarter worth approximately $374,000.

Global X MLP ETF Price Performance

Shares of MLPA stock opened at $53.47 on Wednesday. The company has a market cap of $1.81 billion, a PE ratio of 12.27 and a beta of 0.37. The stock’s 50 day simple moving average is $50.26 and its two-hundred day simple moving average is $48.79. Global X MLP ETF has a 1 year low of $44.49 and a 1 year high of $53.88.

Global X MLP ETF Profile

(Free Report)

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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