Capital Advisors Ltd. LLC Grows Position in Global X MLP ETF (NYSEARCA:MLPA)

Capital Advisors Ltd. LLC boosted its stake in Global X MLP ETF (NYSEARCA:MLPA) by 94.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,079 shares of the company’s stock after purchasing an additional 524 shares during the period. Capital Advisors Ltd. LLC’s holdings in Global X MLP ETF were worth $52,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Evergreen Capital Management LLC acquired a new stake in shares of Global X MLP ETF in the second quarter valued at about $23,028,000. Raymond James & Associates grew its position in 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 acquiring an additional 129,449 shares in the last quarter. Gradient Investments LLC raised its stake in shares of Global X MLP ETF by 18.6% during the second quarter. Gradient Investments LLC now owns 616,720 shares of the company’s stock valued at $29,911,000 after purchasing an additional 96,852 shares during the period. Cetera Investment Advisers lifted its position in shares of Global X MLP ETF by 44.0% during the first quarter. Cetera Investment Advisers now owns 295,725 shares of the company’s stock worth $14,260,000 after purchasing an additional 90,297 shares in the last quarter. Finally, Cetera Advisors LLC boosted its stake in shares of Global X MLP ETF by 164.1% in the first quarter. Cetera Advisors LLC now owns 98,179 shares of the company’s stock valued at $4,734,000 after purchasing an additional 61,003 shares during the period.

Global X MLP ETF Trading Down 0.2 %

MLPA opened at $47.80 on Monday. Global X MLP ETF has a twelve month low of $43.40 and a twelve month high of $50.10. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The company has a fifty day simple moving average of $47.87 and a 200 day simple moving average of $47.77.

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.