Rockland Trust Co. Has $884,000 Stock Position in Global X MLP ETF (NYSEARCA:MLPA)

Rockland Trust Co. trimmed its position in Global X MLP ETF (NYSEARCA:MLPA) by 25.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,614 shares of the company’s stock after selling 5,816 shares during the quarter. Rockland Trust Co.’s holdings in Global X MLP ETF were worth $884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in shares of Global X MLP ETF during the 1st quarter worth about $34,000. Flagship Wealth Advisors LLC acquired a new position in shares of Global X MLP ETF during the 4th quarter worth about $37,000. Heck Capital Advisors LLC acquired a new position in shares of Global X MLP ETF during the 4th quarter worth about $61,000. Capital Advisors Ltd. LLC grew its position in shares of Global X MLP ETF by 54.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 1,666 shares of the company’s stock worth $82,000 after buying an additional 587 shares during the period. Finally, AdvisorNet Financial Inc acquired a new position in shares of Global X MLP ETF during the 1st quarter worth about $102,000.

Global X MLP ETF Trading Down 0.5%

Global X MLP ETF stock opened at $50.66 on Friday. Global X MLP ETF has a 1 year low of $45.09 and a 1 year high of $54.53. The firm has a market capitalization of $1.81 billion, a P/E ratio of 13.36 and a beta of 0.60. The business has a 50-day moving average of $49.55 and a 200-day moving average of $51.01.

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.