Sigma Planning Corp Makes New $1.06 Million Investment in Global X MLP ETF $MLPA

Sigma Planning Corp acquired a new position in Global X MLP ETF (NYSEARCA:MLPA) in the 3rd quarter, Holdings Channel reports. The firm acquired 20,002 shares of the company’s stock, valued at approximately $1,065,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MLPA. Morton Capital Management LLC CA bought a new stake in shares of Global X MLP ETF during the 3rd quarter valued at about $672,000. Valen Private Capital LLC purchased a new position in shares of Global X MLP ETF during the third quarter valued at about $3,772,000. Sowell Financial Services LLC bought a new position in Global X MLP ETF in the third quarter worth about $528,000. Evergreen Capital Management LLC bought a new position in Global X MLP ETF in the third quarter worth about $25,760,000. Finally, Tectonic Advisors LLC purchased a new stake in Global X MLP ETF in the third quarter worth about $15,247,000.

Global X MLP ETF Price Performance

Shares of MLPA opened at $55.40 on Friday. The company has a 50-day simple moving average of $55.40 and a two-hundred day simple moving average of $54.23. The firm has a market capitalization of $2.43 billion, a PE ratio of 14.42 and a beta of 0.49. Global X MLP ETF has a one year low of $47.01 and a one year high of $58.00.

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.