Park Place Capital Corp Makes New $53,000 Investment in Global X MLP ETF (NYSEARCA:MLPA)

Park Place Capital Corp purchased a new position in Global X MLP ETF (NYSEARCA:MLPA) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,095 shares of the company’s stock, valued at approximately $53,000.

A number of other large investors have also recently made changes to their positions in the business. UBS Group AG grew its position in shares of Global X MLP ETF by 7.1% in the 4th quarter. UBS Group AG now owns 1,107,700 shares of the company’s stock worth $49,071,000 after buying an additional 73,439 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Global X MLP ETF by 17.3% in the 4th quarter. Wells Fargo & Company MN now owns 765,454 shares of the company’s stock worth $33,910,000 after buying an additional 113,025 shares during the last quarter. Gradient Investments LLC grew its position in shares of Global X MLP ETF by 71.5% in the 4th quarter. Gradient Investments LLC now owns 455,452 shares of the company’s stock worth $20,177,000 after buying an additional 189,931 shares during the last quarter. Barry Investment Advisors LLC grew its position in shares of Global X MLP ETF by 3.2% in the 1st quarter. Barry Investment Advisors LLC now owns 155,483 shares of the company’s stock worth $7,497,000 after buying an additional 4,801 shares during the last quarter. Finally, Assetmark Inc. grew its position in shares of Global X MLP ETF by 10.6% in the 4th quarter. Assetmark Inc. now owns 146,603 shares of the company’s stock worth $6,495,000 after buying an additional 14,044 shares during the last quarter.

Global X MLP ETF Stock Performance

Shares of MLPA stock opened at $48.77 on Tuesday. The firm has a market cap of $1.65 billion, a P/E ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a fifty-two week low of $42.42 and a fifty-two week high of $49.25. The business’s 50 day moving average price is $47.44 and its 200-day moving average price is $46.65.

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.