Greenspring Advisors LLC Purchases Shares of 4,478 Global X MLP ETF (NYSEARCA:MLPA)

Greenspring Advisors LLC bought a new position in Global X MLP ETF (NYSEARCA:MLPA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,478 shares of the company’s stock, valued at approximately $221,000.

Other institutional investors have also recently bought and sold shares of the company. Paladin Wealth LLC acquired a new position in shares of Global X MLP ETF in the 3rd quarter valued at $40,000. Capital Advisors Ltd. LLC raised its position 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 worth $52,000 after buying an additional 524 shares during the period. Hara Capital LLC acquired a new position in Global X MLP ETF in the third quarter valued at $59,000. Heck Capital Advisors LLC purchased a new stake in Global X MLP ETF during the fourth quarter valued at about $61,000. Finally, Advisors Asset Management Inc. acquired a new stake in Global X MLP ETF during the third quarter worth about $65,000.

Global X MLP ETF Price Performance

Global X MLP ETF stock opened at $54.53 on Thursday. Global X MLP ETF has a 12 month low of $44.49 and a 12 month high of $54.53. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The stock’s 50-day moving average is $51.07 and its 200-day moving average is $49.11.

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.