Sunbelt Securities Inc. Has $321,000 Holdings in Global X MLP ETF (NYSEARCA:MLPA)

Sunbelt Securities Inc. trimmed its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 5.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,661 shares of the company’s stock after selling 373 shares during the period. Sunbelt Securities Inc.’s holdings in Global X MLP ETF were worth $321,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Simplex Trading LLC grew its holdings in shares of Global X MLP ETF by 81.5% during the 4th quarter. Simplex Trading LLC now owns 915 shares of the company’s stock valued at $40,000 after purchasing an additional 411 shares during the last quarter. Heritage Wealth Advisors bought a new stake in shares of Global X MLP ETF during the fourth quarter worth $52,000. Montag A & Associates Inc. acquired a new position in shares of Global X MLP ETF during the fourth quarter worth $55,000. Principal Securities Inc. bought a new position in shares of Global X MLP ETF in the 4th quarter valued at $97,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Global X MLP ETF by 187.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,661 shares of the company’s stock valued at $118,000 after acquiring an additional 1,735 shares in the last quarter.

Global X MLP ETF Stock Up 0.1 %

Shares of MLPA stock opened at $48.48 on Friday. Global X MLP ETF has a twelve month low of $41.94 and a twelve month high of $49.25. The stock’s fifty day simple moving average is $47.39 and its 200 day simple moving average is $46.54. The firm has a market capitalization of $1.64 billion, a P/E 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.