3,751 Shares in Global X MLP ETF (NYSEARCA:MLPA) Purchased by Tradewinds Capital Management LLC

Tradewinds Capital Management LLC acquired a new position in Global X MLP ETF (NYSEARCA:MLPA) during the 1st quarter, HoldingsChannel reports. The fund acquired 3,751 shares of the company’s stock, valued at approximately $181,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Simplex Trading LLC boosted its holdings 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 purchasing an additional 411 shares during the last quarter. Park Place Capital Corp acquired a new position in Global X MLP ETF in the first quarter valued at approximately $53,000. Heritage Wealth Advisors acquired a new position in Global X MLP ETF in the fourth quarter valued at approximately $52,000. Montag A & Associates Inc. acquired a new position in Global X MLP ETF in the fourth quarter valued at approximately $55,000. Finally, Principal Securities Inc. acquired a new position in Global X MLP ETF in the fourth quarter valued at approximately $97,000.

Global X MLP ETF Price Performance

MLPA traded up $0.29 during trading hours on Wednesday, reaching $49.13. The company’s stock had a trading volume of 24,056 shares, compared to its average volume of 135,414. Global X MLP ETF has a fifty-two week low of $42.42 and a fifty-two week high of $49.29. The stock has a market cap of $1.66 billion, a PE ratio of 12.27 and a beta of 0.37. The business’s 50-day moving average is $47.45 and its 200-day moving average is $46.68.

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.