Global Retirement Partners LLC Decreases Stake in Global X MLP ETF $MLPA

Global Retirement Partners LLC reduced its stake in Global X MLP ETF (NYSEARCA:MLPA) by 32.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,165 shares of the company’s stock after selling 33,925 shares during the period. Global Retirement Partners LLC owned about 0.18% of Global X MLP ETF worth $3,397,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new position in shares of Global X MLP ETF during the first quarter valued at approximately $761,000. Empowered Funds LLC purchased a new position in shares of Global X MLP ETF during the first quarter valued at approximately $1,555,000. Cerity Partners LLC increased its stake in shares of Global X MLP ETF by 17.1% during the second quarter. Cerity Partners LLC now owns 41,365 shares of the company’s stock valued at $2,077,000 after buying an additional 6,033 shares during the period. Qube Research & Technologies Ltd increased its stake in shares of Global X MLP ETF by 94.5% during the second quarter. Qube Research & Technologies Ltd now owns 10,418 shares of the company’s stock valued at $523,000 after buying an additional 5,061 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of Global X MLP ETF by 8.5% during the second quarter. NewEdge Advisors LLC now owns 89,230 shares of the company’s stock valued at $4,479,000 after buying an additional 7,010 shares during the period.

Global X MLP ETF Stock Performance

MLPA opened at $55.72 on Friday. Global X MLP ETF has a 52-week low of $46.39 and a 52-week high of $56.53. The stock has a market capitalization of $2.22 billion, a PE ratio of 14.42 and a beta of 0.47. The stock’s 50 day moving average price is $54.23 and its 200-day moving average price is $51.60.

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.