Sunbelt Securities Inc. Increases Stock Position in Global X MLP ETF (NYSEARCA:MLPA)

Sunbelt Securities Inc. grew its holdings in shares of Global X MLP ETF (NYSEARCA:MLPAFree Report) by 116.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,446 shares of the company’s stock after acquiring an additional 7,785 shares during the quarter. Sunbelt Securities Inc.’s holdings in Global X MLP ETF were worth $701,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in shares of Global X MLP ETF during the second quarter worth approximately $30,000. Park Place Capital Corp purchased a new position in shares of Global X MLP ETF during the first quarter worth approximately $53,000. Triad Wealth Partners LLC purchased a new position in shares of Global X MLP ETF during the second quarter worth approximately $63,000. Centerpoint Advisors LLC purchased a new position in shares of Global X MLP ETF during the second quarter worth approximately $73,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of Global X MLP ETF by 187.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,661 shares of the company’s stock worth $118,000 after acquiring an additional 1,735 shares in the last quarter.

Global X MLP ETF Stock Performance

MLPA stock opened at $47.92 on Tuesday. The company has a market capitalization of $1.62 billion, a PE ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a one year low of $42.78 and a one year high of $50.10. The company’s 50 day moving average price is $47.70 and its two-hundred day moving average price is $47.76.

Global X MLP ETF Company 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.

Further Reading

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Institutional Ownership by Quarter for Global X MLP ETF (NYSEARCA:MLPA)

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