Aviance Capital Management LLC Sells 105,662 Shares of Global X MLP ETF (MLPA)

Aviance Capital Management LLC reduced its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 4.1% in the third quarter, Holdings Channel reports. The institutional investor owned 2,501,387 shares of the company’s stock after selling 105,662 shares during the period. Global X MLP ETF comprises about 2.3% of Aviance Capital Management LLC’s portfolio, making the stock its 9th biggest holding. Aviance Capital Management LLC’s holdings in Global X MLP ETF were worth $23,888,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. First Republic Investment Management Inc. increased its stake in shares of Global X MLP ETF by 39.4% in the second quarter. First Republic Investment Management Inc. now owns 1,137,063 shares of the company’s stock worth $10,416,000 after purchasing an additional 321,151 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Global X MLP ETF by 3.4% in the second quarter. Wells Fargo & Company MN now owns 9,038,546 shares of the company’s stock worth $82,793,000 after purchasing an additional 298,343 shares in the last quarter. Charles Schwab Investment Advisory Inc. increased its stake in shares of Global X MLP ETF by 6.8% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 4,309,164 shares of the company’s stock worth $39,472,000 after purchasing an additional 272,567 shares in the last quarter. Raymond James & Associates increased its stake in shares of Global X MLP ETF by 46.5% in the second quarter. Raymond James & Associates now owns 769,346 shares of the company’s stock worth $7,047,000 after purchasing an additional 244,255 shares in the last quarter. Finally, Cornerstone Advisory LLP increased its stake in shares of Global X MLP ETF by 108.6% in the second quarter. Cornerstone Advisory LLP now owns 431,088 shares of the company’s stock worth $3,948,000 after purchasing an additional 224,463 shares in the last quarter.

Shares of NYSEARCA MLPA opened at $8.72 on Tuesday. Global X MLP ETF has a 1 year low of $8.14 and a 1 year high of $10.88.



Further Reading: Market Capitalization in the Stock Market

Want to see what other hedge funds are holding MLPA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X MLP ETF (NYSEARCA:MLPA).

Institutional Ownership by Quarter for Global X MLP ETF (NYSEARCA:MLPA)

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