Stephens Inc. AR Increases Stake in Global X MLP ETF (NYSEARCA:MLPA)

Stephens Inc. AR raised its position in Global X MLP ETF (NYSEARCA:MLPA) by 13.0% in the 4th quarter, Holdings Channel reports. The fund owned 103,404 shares of the company’s stock after acquiring an additional 11,900 shares during the period. Stephens Inc. AR’s holdings in Global X MLP ETF were worth $5,109,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Greenspring Advisors LLC acquired a new position in Global X MLP ETF during the fourth quarter worth $221,000. Silver Oak Securities Incorporated grew its stake in shares of Global X MLP ETF by 9.7% during the 4th quarter. Silver Oak Securities Incorporated now owns 14,271 shares of the company’s stock worth $703,000 after purchasing an additional 1,261 shares during the period. Financial Advocates Investment Management increased its holdings in shares of Global X MLP ETF by 74.0% in the 4th quarter. Financial Advocates Investment Management now owns 36,432 shares of the company’s stock valued at $1,800,000 after purchasing an additional 15,489 shares in the last quarter. Choreo LLC lifted its stake in shares of Global X MLP ETF by 12.9% in the fourth quarter. Choreo LLC now owns 13,100 shares of the company’s stock valued at $645,000 after purchasing an additional 1,500 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Global X MLP ETF by 17.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,800 shares of the company’s stock worth $975,000 after buying an additional 3,000 shares in the last quarter.

Global X MLP ETF Trading Up 0.9 %

Shares of Global X MLP ETF stock opened at $53.16 on Tuesday. The company has a 50-day moving average of $51.17 and a two-hundred day moving average of $49.20. Global X MLP ETF has a 12-month low of $44.59 and a 12-month high of $54.53. The stock has a market cap of $1.80 billion, a PE ratio of 12.27 and a beta of 0.37.

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.