12,626 Shares in Global X MLP ETF $MLPA Acquired by Morton Capital Management LLC CA

Morton Capital Management LLC CA bought a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 12,626 shares of the company’s stock, valued at approximately $672,000.

Several other large investors have also recently made changes to their positions in MLPA. IFP Advisors Inc boosted its holdings in Global X MLP ETF by 3.4% during the third quarter. IFP Advisors Inc now owns 7,899 shares of the company’s stock worth $421,000 after buying an additional 262 shares in the last quarter. Centurion Wealth Management LLC grew its position in Global X MLP ETF by 1.2% during the second quarter. Centurion Wealth Management LLC now owns 24,348 shares of the company’s stock valued at $1,292,000 after buying an additional 288 shares during the period. Barry Investment Advisors LLC increased its holdings in Global X MLP ETF by 0.3% in the first quarter. Barry Investment Advisors LLC now owns 205,014 shares of the company’s stock valued at $11,044,000 after buying an additional 590 shares in the last quarter. LFG Wealth Partners LLC increased its holdings in Global X MLP ETF by 2.8% in the first quarter. LFG Wealth Partners LLC now owns 22,673 shares of the company’s stock valued at $1,221,000 after buying an additional 608 shares in the last quarter. Finally, Triumph Capital Management purchased a new position in Global X MLP ETF in the third quarter valued at $33,000.

Global X MLP ETF Stock Performance

Shares of Global X MLP ETF stock opened at $54.58 on Friday. The firm has a 50-day simple moving average of $55.54 and a two-hundred day simple moving average of $54.80. The company has a market cap of $2.39 billion, a P/E ratio of 14.42 and a beta of 0.49. Global X MLP ETF has a fifty-two week low of $47.01 and a fifty-two week high of $58.00.

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.