Valen Private Capital LLC acquired a new stake in Global X MLP ETF (NYSEARCA:MLPA – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 70,854 shares of the company’s stock, valued at approximately $3,772,000. Global X MLP ETF makes up about 1.2% of Valen Private Capital LLC’s holdings, making the stock its 22nd biggest holding. Valen Private Capital LLC owned approximately 0.16% of Global X MLP ETF at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sowell Financial Services LLC acquired a new stake in shares of Global X MLP ETF in the 3rd quarter valued at approximately $528,000. Evergreen Capital Management LLC bought a new stake in shares of Global X MLP ETF during the 3rd quarter valued at approximately $25,760,000. Tectonic Advisors LLC bought a new stake in shares of Global X MLP ETF during the 3rd quarter valued at approximately $15,247,000. Capital Investment Advisors LLC acquired a new position in Global X MLP ETF during the 3rd quarter worth approximately $248,000. Finally, MBL Wealth LLC acquired a new position in Global X MLP ETF during the 3rd quarter worth approximately $8,811,000.
Global X MLP ETF Price Performance
Shares of NYSEARCA:MLPA opened at $54.58 on Friday. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 14.42 and a beta of 0.49. The firm has a 50 day simple moving average of $55.54 and a 200 day simple moving average of $54.80. Global X MLP ETF has a one year low of $47.01 and a one year high of $58.00.
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.
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