Clear Trail Advisors LLC Acquires Shares of 92,373 Global X MLP ETF $MLPA

Clear Trail Advisors LLC acquired a new stake in Global X MLP ETF (NYSEARCA:MLPA) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 92,373 shares of the company’s stock, valued at approximately $4,976,000.

Other hedge funds have also modified their holdings of the company. NBC Securities Inc. grew its position in shares of Global X MLP ETF by 9.7% during the fourth quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock worth $130,000 after acquiring an additional 238 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Global X MLP ETF by 541.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock valued at $143,000 after purchasing an additional 2,496 shares during the last quarter. Newbridge Financial Services Group Inc. raised its position in Global X MLP ETF by 1,461.2% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,060 shares of the company’s stock valued at $148,000 after purchasing an additional 2,864 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Global X MLP ETF by 367.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,397 shares of the company’s stock worth $213,000 after purchasing an additional 3,456 shares during the period. Finally, Entelevest LLC acquired a new stake in Global X MLP ETF during the 4th quarter worth $227,000.

Global X MLP ETF Stock Performance

Shares of Global X MLP ETF stock opened at $52.31 on Tuesday. Global X MLP ETF has a 1 year low of $46.39 and a 1 year high of $56.53. The company has a market capitalization of $2.08 billion, a P/E ratio of 14.42 and a beta of 0.45. The company’s fifty day moving average is $53.97 and its two-hundred day moving average is $52.41.

About Global X MLP ETF

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.