Global X MLP ETF (NYSEARCA:MLPA) Shares Purchased by Raymond James & Associates

Raymond James & Associates boosted its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 38.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 465,116 shares of the company’s stock after acquiring an additional 129,449 shares during the quarter. Raymond James & Associates’ holdings in Global X MLP ETF were worth $22,316,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Friedenthal Financial increased its position in shares of Global X MLP ETF by 2.1% during the 3rd quarter. Friedenthal Financial now owns 12,060 shares of the company’s stock worth $579,000 after purchasing an additional 251 shares during the last quarter. LGL Partners LLC raised its stake in shares of Global X MLP ETF by 1.9% in the 2nd quarter. LGL Partners LLC now owns 15,665 shares of the company’s stock valued at $760,000 after acquiring an additional 294 shares during the period. Austin Wealth Management LLC lifted its holdings in shares of Global X MLP ETF by 6.2% in the 1st quarter. Austin Wealth Management LLC now owns 7,122 shares of the company’s stock worth $336,000 after acquiring an additional 416 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of Global X MLP ETF by 4.2% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,835 shares of the company’s stock worth $622,000 after purchasing an additional 523 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in Global X MLP ETF by 1.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 52,813 shares of the company’s stock valued at $2,547,000 after purchasing an additional 567 shares during the last quarter.

Global X MLP ETF Stock Up 0.1 %

NYSEARCA:MLPA opened at $47.88 on Friday. Global X MLP ETF has a 52 week low of $43.40 and a 52 week high of $50.10. The stock’s fifty day moving average is $47.87 and its two-hundred day moving average is $47.78. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37.

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.