Silver Oak Securities Incorporated Has $325,000 Stock Position in Global X MLP ETF $MLPA

Silver Oak Securities Incorporated cut its stake in Global X MLP ETF (NYSEARCA:MLPA) by 68.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 6,041 shares of the company’s stock after selling 13,114 shares during the period. Silver Oak Securities Incorporated’s holdings in Global X MLP ETF were worth $325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dorsey & Whitney Trust CO LLC raised its holdings in Global X MLP ETF by 2.2% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 9,170 shares of the company’s stock worth $444,000 after purchasing an additional 194 shares during the last quarter. WCG Wealth Advisors LLC boosted its stake in shares of Global X MLP ETF by 1.9% in the 3rd quarter. WCG Wealth Advisors LLC now owns 11,232 shares of the company’s stock valued at $544,000 after purchasing an additional 212 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its position in shares of Global X MLP ETF by 2.2% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 11,011 shares of the company’s stock worth $533,000 after buying an additional 234 shares during the period. NBC Securities Inc. increased 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 buying an additional 238 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in Global X MLP ETF by 5.3% during the fourth quarter. Kestra Advisory Services LLC now owns 5,790 shares of the company’s stock worth $280,000 after buying an additional 292 shares during the last quarter.

Global X MLP ETF Price Performance

MLPA stock opened at $52.87 on Monday. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 14.42 and a beta of 0.45. Global X MLP ETF has a 12-month low of $46.39 and a 12-month high of $56.53. The company’s fifty day simple moving average is $53.93 and its 200 day simple moving average is $52.50.

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.