Global X MLP ETF (NYSEARCA:MLPA) Stock Position Lessened by CCG Wealth Management LLC

CCG Wealth Management LLC decreased its stake in Global X MLP ETF (NYSEARCA:MLPA) by 69.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,903 shares of the company’s stock after selling 20,014 shares during the quarter. CCG Wealth Management LLC’s holdings in Global X MLP ETF were worth $440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in Global X MLP ETF by 32.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,298 shares of the company’s stock worth $782,000 after acquiring an additional 3,953 shares in the last quarter. Strong Tower Advisory Services grew its holdings in Global X MLP ETF by 383.6% in the 3rd quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock valued at $1,747,000 after buying an additional 28,889 shares during the last quarter. Guild Investment Management Inc. grew its holdings in Global X MLP ETF by 3.8% in the 3rd quarter. Guild Investment Management Inc. now owns 47,350 shares of the company’s stock valued at $2,272,000 after buying an additional 1,750 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Global X MLP ETF during the 2nd quarter worth approximately $287,000. Finally, Advisors Management Group Inc. ADV grew its holdings in shares of Global X MLP ETF by 0.6% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 234,459 shares of the company’s stock worth $11,249,000 after purchasing an additional 1,381 shares in the last quarter.

Global X MLP ETF Price Performance

Global X MLP ETF stock opened at $52.97 on Monday. The company has a market capitalization of $1.79 billion, a PE ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a one year low of $44.49 and a one year high of $54.05. The business has a 50 day simple moving average of $50.95 and a 200 day simple moving average of $49.05.

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.