Sei Investments Co. Raises Stock Position in Global X MLP ETF (NYSEARCA:MLPA)

Sei Investments Co. grew its stake in Global X MLP ETF (NYSEARCA:MLPA) by 22.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,460 shares of the company’s stock after purchasing an additional 14,971 shares during the period. Sei Investments Co. owned about 0.24% of Global X MLP ETF worth $4,074,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp boosted its holdings in Global X MLP ETF by 0.7% in the 3rd quarter. Stifel Financial Corp now owns 75,891 shares of the company’s stock worth $3,641,000 after buying an additional 543 shares during the last quarter. Sunbelt Securities Inc. boosted its position in Global X MLP ETF by 11.1% during the third quarter. Sunbelt Securities Inc. now owns 16,046 shares of the company’s stock worth $770,000 after acquiring an additional 1,600 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Global X MLP ETF during the 3rd quarter valued at about $80,000. JPMorgan Chase & Co. raised its holdings in Global X MLP ETF by 32.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,298 shares of the company’s stock valued at $782,000 after acquiring an additional 3,953 shares during the last quarter. Finally, Legacy Wealth Management LLC MS purchased a new position in Global X MLP ETF in the 4th quarter worth approximately $233,000.

Global X MLP ETF Price Performance

Global X MLP ETF stock opened at $54.16 on Thursday. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 14.90 and a beta of 0.94. The firm has a 50 day simple moving average of $52.97 and a 200-day simple moving average of $50.62. Global X MLP ETF has a 1-year low of $45.28 and a 1-year 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.