Global X MLP ETF $MLPA Shares Purchased by Royal Bank of Canada

Royal Bank of Canada increased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 7.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 403,392 shares of the company’s stock after buying an additional 26,983 shares during the quarter. Royal Bank of Canada’s holdings in Global X MLP ETF were worth $21,733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC purchased a new stake in Global X MLP ETF in the first quarter valued at about $102,000. NBC Securities Inc. grew its stake 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 acquiring an additional 238 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Global X MLP ETF by 541.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock worth $143,000 after acquiring an additional 2,496 shares during the last quarter. Newbridge Financial Services Group Inc. increased its holdings in shares of Global X MLP ETF by 1,461.2% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 3,060 shares of the company’s stock valued at $148,000 after acquiring an additional 2,864 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Global X MLP ETF by 367.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,397 shares of the company’s stock valued at $213,000 after purchasing an additional 3,456 shares during the last quarter.

Global X MLP ETF Stock Down 1.0%

Shares of Global X MLP ETF stock opened at $55.82 on Thursday. The company has a 50 day moving average price of $54.27 and a 200 day moving average price of $53.75. The firm has a market capitalization of $2.26 billion, a P/E ratio of 14.42 and a beta of 0.45. Global X MLP ETF has a 52 week low of $46.39 and a 52 week high of $56.88.

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.