Silver Oak Securities Incorporated Sells 13,114 Shares of Global X MLP ETF $MLPA

Silver Oak Securities Incorporated cut its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 68.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,041 shares of the company’s stock after selling 13,114 shares during the period. Silver Oak Securities Incorporated’s holdings in Global X MLP ETF were worth $325,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new stake in Global X MLP ETF during the 1st quarter worth approximately $761,000. Empowered Funds LLC bought a new position in shares of Global X MLP ETF during the first quarter valued at $1,555,000. Cerity Partners LLC raised its stake in shares of Global X MLP ETF by 17.1% during the second quarter. Cerity Partners LLC now owns 41,365 shares of the company’s stock valued at $2,077,000 after acquiring an additional 6,033 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in shares of Global X MLP ETF by 94.5% during the second quarter. Qube Research & Technologies Ltd now owns 10,418 shares of the company’s stock valued at $523,000 after acquiring an additional 5,061 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Global X MLP ETF by 8.5% during the second quarter. NewEdge Advisors LLC now owns 89,230 shares of the company’s stock worth $4,479,000 after purchasing an additional 7,010 shares during the period.

Global X MLP ETF Price Performance

Shares of Global X MLP ETF stock opened at $52.87 on Monday. Global X MLP ETF has a twelve month low of $46.39 and a twelve month high of $56.53. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 14.42 and a beta of 0.45. The company’s fifty day moving average is $53.93 and its 200 day moving average is $52.50.

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.