Global X MLP ETF (NYSEARCA:MLPA) Shares Bought by Stephens Inc. AR

Stephens Inc. AR raised its stake in Global X MLP ETF (NYSEARCA:MLPA) by 11.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 91,504 shares of the company’s stock after purchasing an additional 9,536 shares during the period. Stephens Inc. AR’s holdings in Global X MLP ETF were worth $4,390,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MLPA. Evergreen Capital Management LLC bought a new position in Global X MLP ETF during the second quarter worth $23,028,000. Raymond James & Associates lifted its position in shares of Global X MLP ETF by 38.6% in the 3rd quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock worth $22,316,000 after buying an additional 129,449 shares during the last quarter. Gradient Investments LLC boosted its holdings in shares of Global X MLP ETF by 18.6% in the 2nd quarter. Gradient Investments LLC now owns 616,720 shares of the company’s stock valued at $29,911,000 after buying an additional 96,852 shares during the period. Cetera Investment Advisers grew its position in shares of Global X MLP ETF by 44.0% during the 1st quarter. Cetera Investment Advisers now owns 295,725 shares of the company’s stock valued at $14,260,000 after buying an additional 90,297 shares during the last quarter. Finally, Cetera Advisors LLC raised its stake in Global X MLP ETF by 164.1% during the first quarter. Cetera Advisors LLC now owns 98,179 shares of the company’s stock worth $4,734,000 after acquiring an additional 61,003 shares during the period.

Global X MLP ETF Stock Up 0.1 %

Shares of MLPA stock opened at $47.48 on Friday. The company has a market cap of $1.61 billion, a P/E ratio of 12.27 and a beta of 0.37. The business has a 50 day moving average of $47.88 and a two-hundred day moving average of $47.79. Global X MLP ETF has a 52 week low of $43.40 and a 52 week high of $50.10.

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.