Stephens Inc. AR Grows Holdings in Global X MLP ETF (NYSEARCA:MLPA)

Stephens Inc. AR lifted its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 11.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 91,504 shares of the company’s stock after buying an additional 9,536 shares during the quarter. Stephens Inc. AR owned approximately 0.27% of Global X MLP ETF worth $4,390,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MLPA. Cetera Investment Advisers grew its stake in Global X MLP ETF by 44.0% in the 1st quarter. Cetera Investment Advisers now owns 295,725 shares of the company’s stock worth $14,260,000 after acquiring an additional 90,297 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Global X MLP ETF in the first quarter valued at $2,221,000. Pekin Hardy Strauss Inc. grew its position in shares of Global X MLP ETF by 9.9% in the second quarter. Pekin Hardy Strauss Inc. now owns 59,212 shares of the company’s stock valued at $2,872,000 after purchasing an additional 5,325 shares during the period. Evergreen Capital Management LLC acquired a new position in Global X MLP ETF in the second quarter valued at $23,028,000. Finally, Strong Tower Advisory Services lifted its position in Global X MLP ETF by 383.6% during the third quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock worth $1,747,000 after buying an additional 28,889 shares during the period.

Global X MLP ETF Price Performance

MLPA opened at $47.48 on Friday. Global X MLP ETF has a 12 month low of $43.40 and a 12 month high of $50.10. The business has a 50-day moving average of $47.88 and a two-hundred day moving average of $47.79. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37.

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.