Greenspring Advisors LLC Increases Holdings in Global X MLP ETF $MLPA

Greenspring Advisors LLC lifted its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 5,502.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 236,859 shares of the company’s stock after acquiring an additional 232,631 shares during the quarter. Global X MLP ETF accounts for about 0.7% of Greenspring Advisors LLC’s holdings, making the stock its 19th biggest position. Greenspring Advisors LLC owned about 0.60% of Global X MLP ETF worth $11,466,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Exchange Traded Concepts LLC boosted its stake in shares of Global X MLP ETF by 5.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 186,220 shares of the company’s stock worth $9,015,000 after acquiring an additional 10,088 shares in the last quarter. Gradient Investments LLC boosted its stake 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 acquiring an additional 10,858 shares in the last quarter. Madison Park Capital Advisors LLC purchased a new stake in shares of Global X MLP ETF during the 4th quarter worth approximately $451,000. Puff Wealth Management LLC purchased a new stake in shares of Global X MLP ETF during the 4th quarter worth approximately $608,000. Finally, Adams Asset Advisors LLC boosted its stake in shares of Global X MLP ETF by 34.0% during the 4th quarter. Adams Asset Advisors LLC now owns 48,888 shares of the company’s stock worth $2,367,000 after acquiring an additional 12,401 shares in the last quarter.

Global X MLP ETF Price Performance

Shares of NYSEARCA:MLPA opened at $54.08 on Thursday. The business’s 50 day simple moving average is $54.24 and its 200-day simple moving average is $51.97. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 14.42 and a beta of 0.47. Global X MLP ETF has a 12 month low of $46.39 and a 12 month high of $56.53.

About Global X MLP ETF

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.