Beck Capital Management LLC Buys 1,300 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Beck Capital Management LLC increased its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 2.9% during the 3rd quarter, Holdings Channel reports. The fund owned 45,743 shares of the company’s stock after acquiring an additional 1,300 shares during the period. Beck Capital Management LLC’s holdings in Global X MLP ETF were worth $2,195,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Rothschild Investment LLC bought a new stake in Global X MLP ETF during the 2nd quarter valued at $30,000. Paladin Wealth LLC acquired a new position in shares of Global X MLP ETF during the third quarter valued at about $40,000. Brown Financial Advisors bought a new stake in shares of Global X MLP ETF during the second quarter worth about $43,000. Capital Advisors Ltd. LLC increased its position in shares of Global X MLP ETF by 94.4% during the third quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock worth $52,000 after acquiring an additional 524 shares in the last quarter. Finally, Hara Capital LLC acquired a new stake in shares of Global X MLP ETF in the 3rd quarter worth about $59,000.

Global X MLP ETF Stock Performance

MLPA stock opened at $52.61 on Monday. The business has a 50-day simple moving average of $48.61 and a two-hundred day simple moving average of $48.05. The company has a market capitalization of $1.78 billion, a P/E ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a 52-week low of $43.40 and a 52-week high of $52.61.

Global X MLP ETF Company 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.