Almanack Investment Partners LLC. Sells 254 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Almanack Investment Partners LLC. trimmed its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 0.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 119,987 shares of the company’s stock after selling 254 shares during the quarter. Global X MLP ETF comprises 0.9% of Almanack Investment Partners LLC.’s holdings, making the stock its 23rd biggest holding. Almanack Investment Partners LLC.’s holdings in Global X MLP ETF were worth $5,929,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MLPA. Columbus Macro LLC bought a new position in shares of Global X MLP ETF during the 4th quarter worth $12,358,000. Raymond James & Associates lifted its holdings in Global X MLP ETF by 38.6% during the third quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock valued at $22,316,000 after purchasing an additional 129,449 shares during the last quarter. Strong Tower Advisory Services boosted its position in Global X MLP ETF by 383.6% during the third quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock worth $1,747,000 after purchasing an additional 28,889 shares during the period. Tectonic Advisors LLC increased its stake in shares of Global X MLP ETF by 9.3% in the third quarter. Tectonic Advisors LLC now owns 231,423 shares of the company’s stock worth $11,104,000 after purchasing an additional 19,700 shares in the last quarter. Finally, Truist Financial Corp bought a new stake in shares of Global X MLP ETF in the second quarter valued at approximately $838,000.

Global X MLP ETF Trading Down 2.1 %

Shares of MLPA stock opened at $52.68 on Friday. The firm’s 50 day moving average is $51.17 and its 200 day moving average is $49.18. The stock has a market capitalization of $1.78 billion, a P/E ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a 12 month low of $44.54 and a 12 month high of $54.53.

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.