Raymond James Financial Inc. Buys Shares of 685,004 Global X MLP ETF (NYSEARCA:MLPA)

Raymond James Financial Inc. bought a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 685,004 shares of the company’s stock, valued at approximately $33,846,000. Raymond James Financial Inc. owned approximately 2.03% of Global X MLP ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Black Swift Group LLC boosted its stake in Global X MLP ETF by 1.3% in the 3rd quarter. Black Swift Group LLC now owns 41,155 shares of the company’s stock worth $1,975,000 after purchasing an additional 535 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in Global X MLP ETF during the 3rd quarter valued at approximately $65,000. Nwam LLC acquired a new position in shares of Global X MLP ETF in the 3rd quarter valued at $312,000. Pekin Hardy Strauss Inc. lifted its stake in shares of Global X MLP ETF by 1.5% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 60,114 shares of the company’s stock valued at $2,884,000 after purchasing an additional 902 shares during the period. Finally, Wiser Advisor Group LLC lifted its stake in shares of Global X MLP ETF by 3.0% in the 3rd quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock valued at $608,000 after purchasing an additional 373 shares during the period.

Global X MLP ETF Price Performance

MLPA opened at $51.72 on Friday. The firm has a fifty day moving average price of $52.42 and a 200 day moving average price of $50.02. Global X MLP ETF has a 1 year low of $45.28 and a 1 year high of $54.53. The stock has a market cap of $1.81 billion, a P/E ratio of 14.24 and a beta of 1.34.

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.