Global X MLP ETF (NYSEARCA:MLPA) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 32.0% during the third quarter, HoldingsChannel.com reports. The fund owned 16,298 shares of the company’s stock after buying an additional 3,953 shares during the period. JPMorgan Chase & Co.’s holdings in Global X MLP ETF were worth $782,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Strong Tower Advisory Services grew its position in shares of Global X MLP ETF by 383.6% in the third quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock valued at $1,747,000 after purchasing an additional 28,889 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in Global X MLP ETF by 116.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 14,446 shares of the company’s stock valued at $701,000 after buying an additional 7,785 shares in the last quarter. Guild Investment Management Inc. grew its holdings in Global X MLP ETF by 3.8% in the 3rd quarter. Guild Investment Management Inc. now owns 47,350 shares of the company’s stock valued at $2,272,000 after buying an additional 1,750 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Global X MLP ETF during the 2nd quarter worth $287,000. Finally, Advisors Management Group Inc. ADV raised its holdings in shares of Global X MLP ETF by 0.6% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 234,459 shares of the company’s stock worth $11,249,000 after acquiring an additional 1,381 shares during the period.

Global X MLP ETF Trading Up 0.5 %

Shares of MLPA opened at $53.36 on Monday. The firm has a 50-day moving average price of $50.65 and a 200 day moving average price of $48.92. Global X MLP ETF has a 12-month low of $44.49 and a 12-month high of $54.02. The firm has a market capitalization of $1.80 billion, a P/E ratio of 12.27 and a beta of 0.37.

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.