12,106 Shares in Global X MLP ETF $MLPA Bought by Canal Capital Management LLC

Canal Capital Management LLC acquired a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 12,106 shares of the company’s stock, valued at approximately $652,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MLPA. Turtle Creek Wealth Advisors LLC bought a new position in shares of Global X MLP ETF during the first quarter valued at approximately $102,000. NBC Securities Inc. boosted its position in shares of Global X MLP ETF by 9.7% in the 4th quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock worth $130,000 after purchasing an additional 238 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Global X MLP ETF by 541.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock worth $143,000 after buying an additional 2,496 shares during the last quarter. Newbridge Financial Services Group Inc. grew its stake in shares of Global X MLP ETF by 1,461.2% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,060 shares of the company’s stock worth $148,000 after buying an additional 2,864 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in Global X MLP ETF by 367.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,397 shares of the company’s stock valued at $213,000 after buying an additional 3,456 shares in the last quarter.

Global X MLP ETF Price Performance

Shares of NYSEARCA:MLPA opened at $53.41 on Friday. Global X MLP ETF has a 1-year low of $46.39 and a 1-year high of $56.53. The business has a fifty day moving average price of $53.96 and a 200-day moving average price of $52.63. The company has a market capitalization of $2.15 billion, a PE ratio of 14.42 and a beta of 0.45.

Global X MLP ETF Profile

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.