Global X MLP ETF (NYSEARCA:MLPA) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 48.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 26,722 shares of the company’s stock after selling 24,770 shares during the period. Commonwealth Equity Services LLC owned about 0.08% of Global X MLP ETF worth $1,320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of Global X MLP ETF by 32.0% during the third quarter. JPMorgan Chase & Co. now owns 16,298 shares of the company’s stock worth $782,000 after purchasing an additional 3,953 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Global X MLP ETF by 17.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,800 shares of the company’s stock worth $975,000 after buying an additional 3,000 shares during the last quarter. Golden State Equity Partners purchased a new stake in Global X MLP ETF during the 4th quarter worth approximately $717,000. Principal Securities Inc. raised its holdings in shares of Global X MLP ETF by 7.2% during the fourth quarter. Principal Securities Inc. now owns 13,078 shares of the company’s stock valued at $646,000 after acquiring an additional 878 shares during the last quarter. Finally, Endowment Wealth Management Inc. lifted its position in shares of Global X MLP ETF by 2.2% in the fourth quarter. Endowment Wealth Management Inc. now owns 10,557 shares of the company’s stock valued at $522,000 after acquiring an additional 226 shares in the last quarter.

Global X MLP ETF Price Performance

Shares of NYSEARCA:MLPA opened at $53.47 on Monday. Global X MLP ETF has a 1 year low of $45.28 and a 1 year high of $54.53. The firm has a market capitalization of $1.87 billion, a PE ratio of 14.59 and a beta of 1.29. The business’s 50 day moving average price is $52.93 and its 200-day moving average price is $50.52.

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.