Cerity Partners LLC Sells 1,407 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Cerity Partners LLC lowered its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,152 shares of the company’s stock after selling 1,407 shares during the period. Cerity Partners LLC owned about 0.11% of Global X MLP ETF worth $1,783,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MLPA. Rothschild Investment LLC purchased a new position in Global X MLP ETF in the 2nd quarter worth $30,000. Paladin Wealth LLC purchased a new position in shares of Global X MLP ETF in the third quarter worth about $40,000. Brown Financial Advisors bought a new stake in shares of Global X MLP ETF in the 2nd quarter valued at about $43,000. Capital Advisors Ltd. LLC boosted its holdings in Global X MLP ETF by 94.4% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock valued at $52,000 after acquiring an additional 524 shares during the period. Finally, Hara Capital LLC bought a new position in Global X MLP ETF during the 3rd quarter worth approximately $59,000.

Global X MLP ETF Stock Performance

Shares of MLPA stock opened at $52.18 on Tuesday. The company has a market capitalization of $1.76 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 $43.40 and a fifty-two week high of $52.61. The stock has a 50 day moving average price of $48.69 and a two-hundred day moving average price of $48.09.

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.