Stevens Capital Partners Purchases New Holdings in Global X MLP ETF $MLPA

Stevens Capital Partners purchased a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) during the first quarter, Holdings Channel reports. The firm purchased 17,459 shares of the company’s stock, valued at approximately $941,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in Global X MLP ETF by 3.7% in the 3rd quarter. Bank of America Corp DE now owns 1,187,268 shares of the company’s stock valued at $57,488,000 after acquiring an additional 42,273 shares in the last quarter. UBS Group AG grew its holdings in shares of Global X MLP ETF by 3.6% during the 4th quarter. UBS Group AG now owns 1,047,656 shares of the company’s stock worth $50,717,000 after purchasing an additional 36,634 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in shares of Global X MLP ETF by 0.6% during the 4th quarter. Evergreen Capital Management LLC now owns 489,625 shares of the company’s stock worth $23,703,000 after purchasing an additional 3,150 shares in the last quarter. Gradient Investments LLC grew its holdings in shares of Global X MLP ETF by 2.4% during the 4th quarter. Gradient Investments LLC now owns 458,127 shares of the company’s stock worth $22,178,000 after purchasing an additional 10,858 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in shares of Global X MLP ETF by 31.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 399,223 shares of the company’s stock worth $19,326,000 after purchasing an additional 94,623 shares during the period.

Global X MLP ETF Stock Performance

Shares of NYSEARCA MLPA opened at $53.41 on Friday. The stock has a market capitalization of $2.15 billion, a P/E ratio of 14.42 and a beta of 0.45. The stock’s fifty day moving average is $53.95 and its 200 day moving average is $52.63. Global X MLP ETF has a 52 week low of $46.39 and a 52 week high of $56.53.

Global X MLP ETF 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.