40,325 Shares in Global X MLP ETF (NYSEARCA:MLPA) Purchased by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. purchased a new position in Global X MLP ETF (NYSEARCA:MLPA) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 40,325 shares of the company’s stock, valued at approximately $1,944,000. Tocqueville Asset Management L.P. owned approximately 0.12% of Global X MLP ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. UBS Group AG raised its stake in Global X MLP ETF by 7.1% during the fourth quarter. UBS Group AG now owns 1,107,700 shares of the company’s stock valued at $49,071,000 after buying an additional 73,439 shares in the last quarter. Wells Fargo & Company MN raised its stake in Global X MLP ETF by 17.3% during the fourth quarter. Wells Fargo & Company MN now owns 765,454 shares of the company’s stock valued at $33,910,000 after buying an additional 113,025 shares in the last quarter. Gradient Investments LLC raised its stake in Global X MLP ETF by 14.1% during the first quarter. Gradient Investments LLC now owns 519,868 shares of the company’s stock valued at $25,068,000 after buying an additional 64,416 shares in the last quarter. Advisors Management Group Inc. ADV raised its stake in Global X MLP ETF by 3.8% during the first quarter. Advisors Management Group Inc. ADV now owns 231,061 shares of the company’s stock valued at $11,142,000 after buying an additional 8,420 shares in the last quarter. Finally, Tectonic Advisors LLC raised its stake in Global X MLP ETF by 9.5% during the first quarter. Tectonic Advisors LLC now owns 211,723 shares of the company’s stock valued at $10,209,000 after buying an additional 18,300 shares in the last quarter.

Global X MLP ETF Stock Down 0.5 %

Shares of NYSEARCA MLPA opened at $49.41 on Friday. The stock’s 50 day moving average price is $47.79 and its two-hundred day moving average price is $47.10. The stock has a market capitalization of $1.67 billion, a P/E ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a 52-week low of $42.50 and a 52-week high of $50.10.

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.