Wilmington Savings Fund Society FSB Buys New Position in Global X MLP ETF (NYSEARCA:MLPA)

Wilmington Savings Fund Society FSB purchased a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,666 shares of the company’s stock, valued at approximately $80,000.

A number of other institutional investors also recently made changes to their positions in MLPA. Evergreen Capital Management LLC bought a new stake in shares of Global X MLP ETF during the 2nd quarter worth $23,028,000. Raymond James & Associates lifted its holdings in shares of Global X MLP ETF by 38.6% during the third quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock valued at $22,316,000 after purchasing an additional 129,449 shares during the last quarter. Strong Tower Advisory Services boosted its position in shares of 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 purchasing an additional 28,889 shares during the period. Blair William & Co. IL increased its stake in Global X MLP ETF by 735.0% in the 2nd quarter. Blair William & Co. IL now owns 29,057 shares of the company’s stock worth $1,409,000 after purchasing an additional 25,577 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Global X MLP ETF by 53.6% during the 2nd quarter. NewEdge Advisors LLC now owns 65,044 shares of the company’s stock worth $3,155,000 after buying an additional 22,701 shares during the period.

Global X MLP ETF Stock Performance

Shares of NYSEARCA:MLPA opened at $48.84 on Friday. The firm has a 50 day simple moving average of $49.21 and a 200 day simple moving average of $48.38. Global X MLP ETF has a 52 week low of $43.92 and a 52 week high of $52.61. The company has a market cap of $1.65 billion, a PE ratio of 12.27 and a beta of 0.37.

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.