Global X MLP ETF (NYSEARCA:MLPA) Shares Bought by Principal Securities Inc.

Principal Securities Inc. raised its position in Global X MLP ETF (NYSEARCA:MLPA) by 7.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,078 shares of the company’s stock after acquiring an additional 878 shares during the period. Principal Securities Inc.’s holdings in Global X MLP ETF were worth $646,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in MLPA. Columbus Macro LLC acquired a new stake in shares of Global X MLP ETF in the fourth quarter valued at about $12,358,000. Raymond James & Associates lifted its stake in shares of Global X MLP ETF by 38.6% in the third quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock valued at $22,316,000 after purchasing an additional 129,449 shares during the period. Attessa Capital LLC acquired a new stake in shares of Global X MLP ETF in the fourth quarter valued at about $2,504,000. Tectonic Advisors LLC lifted its stake in shares of Global X MLP ETF by 9.3% in the third quarter. Tectonic Advisors LLC now owns 231,423 shares of the company’s stock valued at $11,104,000 after purchasing an additional 19,700 shares during the period. Finally, Sonora Investment Management Group LLC lifted its stake in shares of Global X MLP ETF by 26.5% in the fourth quarter. Sonora Investment Management Group LLC now owns 81,479 shares of the company’s stock valued at $4,026,000 after purchasing an additional 17,090 shares during the period.

Global X MLP ETF Stock Up 0.6 %

Shares of NYSEARCA MLPA opened at $53.83 on Friday. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The firm has a 50-day moving average price of $51.54 and a 200 day moving average price of $49.47. Global X MLP ETF has a 52 week low of $45.28 and a 52 week high of $54.53.

About Global X MLP ETF

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.