Clear Trail Advisors LLC Purchases New Position in Global X MLP ETF $MLPA

Clear Trail Advisors LLC purchased a new stake in Global X MLP ETF (NYSEARCA:MLPA) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 92,373 shares of the company’s stock, valued at approximately $4,976,000. Clear Trail Advisors LLC owned about 0.23% of Global X MLP ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. NBC Securities Inc. lifted its position in shares of Global X MLP ETF by 9.7% during the 4th quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock worth $130,000 after buying an additional 238 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Global X MLP ETF by 541.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock worth $143,000 after acquiring an additional 2,496 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its position in Global X MLP ETF by 1,461.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,060 shares of the company’s stock valued at $148,000 after acquiring an additional 2,864 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Global X MLP ETF by 367.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,397 shares of the company’s stock valued at $213,000 after acquiring an additional 3,456 shares during the last quarter. Finally, Entelevest LLC acquired a new position in Global X MLP ETF in the fourth quarter valued at $227,000.

Global X MLP ETF Price Performance

NYSEARCA MLPA opened at $52.31 on Tuesday. The company has a fifty day moving average of $53.97 and a two-hundred day moving average of $52.41. The company has a market capitalization of $2.08 billion, a PE ratio of 14.42 and a beta of 0.45. Global X MLP ETF has a 1 year low of $46.39 and a 1 year 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.