NBC Securities Inc. Sells 3,978 Shares of Global X MLP ETF (NYSEARCA:MLPA)

NBC Securities Inc. decreased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 86.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 640 shares of the company’s stock after selling 3,978 shares during the quarter. NBC Securities Inc.’s holdings in Global X MLP ETF were worth $30,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MLPA. Rothschild Investment LLC acquired a new position in Global X MLP ETF in the second quarter valued at about $30,000. Paladin Wealth LLC bought a new position in Global X MLP ETF during the 3rd quarter worth approximately $40,000. Brown Financial Advisors bought a new position in Global X MLP ETF during the 2nd quarter worth approximately $43,000. Park Place Capital Corp acquired a new position in Global X MLP ETF during the first quarter valued at approximately $53,000. Finally, Triad Wealth Partners LLC bought a new stake in Global X MLP ETF in the second quarter valued at approximately $63,000.

Global X MLP ETF Stock Down 0.5 %

Shares of NYSEARCA MLPA opened at $47.67 on Tuesday. Global X MLP ETF has a twelve month low of $43.40 and a twelve month high of $50.10. The company’s fifty day moving average is $47.78 and its 200-day moving average is $47.79. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37.

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.