Global X MLP ETF $MLPA Stake Boosted by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its stake in Global X MLP ETF (NYSEARCA:MLPA) by 31.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 399,223 shares of the company’s stock after acquiring an additional 94,623 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Global X MLP ETF were worth $19,326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Foundations Investment Advisors LLC boosted its position in Global X MLP ETF by 4,705.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 254,505 shares of the company’s stock valued at $12,321,000 after purchasing an additional 249,209 shares during the last quarter. Greenspring Advisors LLC increased its position in Global X MLP ETF by 5,502.2% in the 4th quarter. Greenspring Advisors LLC now owns 236,859 shares of the company’s stock worth $11,466,000 after purchasing an additional 232,631 shares during the last quarter. Quadrature Capital Ltd raised its stake in shares of Global X MLP ETF by 2,831.8% during the 4th quarter. Quadrature Capital Ltd now owns 160,544 shares of the company’s stock worth $7,772,000 after purchasing an additional 155,068 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Global X MLP ETF by 29,373.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 135,874 shares of the company’s stock worth $6,578,000 after purchasing an additional 135,413 shares in the last quarter. Finally, Focus Partners Wealth raised its stake in shares of Global X MLP ETF by 562.5% during the 4th quarter. Focus Partners Wealth now owns 148,850 shares of the company’s stock worth $7,230,000 after purchasing an additional 126,382 shares in the last quarter.

Global X MLP ETF Price Performance

Shares of Global X MLP ETF stock opened at $53.24 on Wednesday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 14.42 and a beta of 0.45. The stock has a 50-day simple moving average of $53.96 and a 200-day simple moving average of $52.44. Global X MLP ETF has a 52-week low of $46.39 and a 52-week high of $56.53.

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.