Global X MLP ETF (NYSEARCA:MLPA) Sees Unusually-High Trading Volume

Global X MLP ETF (NYSEARCA:MLPA) shares saw unusually-strong trading volume on Thursday . Approximately 334,535 shares traded hands during mid-day trading, an increase of 143% from the previous session’s volume of 137,885 shares.The stock last traded at $48.31 and had previously closed at $48.41.

Global X MLP ETF Trading Down 0.1 %

The company’s 50-day moving average is $47.37 and its two-hundred day moving average is $46.53. The stock has a market capitalization of $1.63 billion, a P/E ratio of 12.27 and a beta of 0.37.

Institutional Trading of Global X MLP ETF

Several large investors have recently added to or reduced their stakes in the business. Simplex Trading LLC raised its position in shares of Global X MLP ETF by 81.5% during the 4th quarter. Simplex Trading LLC now owns 915 shares of the company’s stock worth $40,000 after buying an additional 411 shares in the last quarter. Heritage Wealth Advisors acquired a new stake in Global X MLP ETF in the fourth quarter worth approximately $52,000. Park Place Capital Corp bought a new position in Global X MLP ETF during the 1st quarter valued at $53,000. Montag A & Associates Inc. acquired a new position in shares of Global X MLP ETF during the 4th quarter valued at $55,000. Finally, Principal Securities Inc. bought a new stake in shares of Global X MLP ETF in the 4th quarter worth $97,000.

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.