CCG Wealth Management LLC Sells 20,014 Shares of Global X MLP ETF (NYSEARCA:MLPA)

CCG Wealth Management LLC decreased its holdings in Global X MLP ETF (NYSEARCA:MLPA) by 69.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,903 shares of the company’s stock after selling 20,014 shares during the quarter. CCG Wealth Management LLC’s holdings in Global X MLP ETF were worth $440,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Friedenthal Financial grew its position in Global X MLP ETF by 2.1% during the third quarter. Friedenthal Financial now owns 12,060 shares of the company’s stock worth $579,000 after buying an additional 251 shares in the last quarter. MONECO Advisors LLC grew its holdings in Global X MLP ETF by 3.7% during the 3rd quarter. MONECO Advisors LLC now owns 7,255 shares of the company’s stock worth $348,000 after acquiring an additional 261 shares during the period. Wiser Advisor Group LLC grew its holdings in Global X MLP ETF by 3.0% during the 3rd quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock worth $608,000 after acquiring an additional 373 shares during the period. Capital Advisors Ltd. LLC grew its stake in shares of Global X MLP ETF by 94.4% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock valued at $52,000 after buying an additional 524 shares during the period. Finally, Black Swift Group LLC boosted its stake in Global X MLP ETF by 1.3% during the 3rd quarter. Black Swift Group LLC now owns 41,155 shares of the company’s stock valued at $1,975,000 after purchasing an additional 535 shares during the last quarter.

Global X MLP ETF Stock Performance

MLPA stock opened at $52.97 on Monday. Global X MLP ETF has a 52-week low of $44.49 and a 52-week high of $54.05. The business has a 50-day simple moving average of $50.95 and a two-hundred day simple moving average of $49.05. The company has a market capitalization of $1.79 billion, a P/E ratio of 12.27 and a beta of 0.37.

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.