“`html
Several institutional investors have adjusted their stakes in Global X MLP ETF. Cetera Investment Advisers increased its holdings by 44% in Q1, now owning 295,725 shares valued at $14.26 million after acquiring 90,297 more shares. Stephens Inc. AR raised its stake by 28.5% last quarter, now holding 70,050 shares worth $3.1 million. Envestnet Portfolio Solutions bought new shares valued at approximately $2.22 million in Q1. Pekin Hardy Strauss also increased its holdings by 9.9% in Q2, owning 59,212 shares valued at $2.87 million after purchasing 5,325 extra shares. Lastly, Evergreen Capital Management LLC initiated a new position in Q2 valued at about $23.03 million.
Global X MLP ETF Stock Down 0.2%
Global X MLP ETF stock opened at $48.06. Its 50-day moving average is $47.62, and the 200-day is $47.78. The stock has a 12-month low of $42.78 and a high of $50.10, with a market cap of $1.62 billion, a P/E ratio of 12.27, and a beta of 0.37.
Global X MLP ETF Company Profile
The Global X MLP ETF (MLPA), launched on April 18, 2012, is based on the Solactive MLP Infrastructure index, focusing on US midstream MLPs and structured as a C-corporation, managed by Global X.
Read More
- Five stocks we like better than Global X MLP ETF
- Differences between NYSE and NASDAQ
- S&P 500 Resistance: 3 Stocks with Best Upside
- Best Dividend Aristocrats to Build Wealth
- Nike’s Earnings Drop: A Buying Opportunity
- Low PE Growth Stocks: Investment Opportunities
- Microsoft’s Targeted Upside Could Be Worth It
Get Daily News & Ratings for Global X MLP ETF – Subscribe below for a daily summary of news and ratings with MarketBeat.com’s FREE daily email newsletter.
“`