Good Life Advisors LLC Has $333,000 Position in Global X MLP ETF (NYSEARCA:MLPA)

Good Life Advisors LLC cut its position in Global X MLP ETF (NYSEARCA:MLPA) by 57.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,734 shares of the company’s stock after selling 8,944 shares during the period. Good Life Advisors LLC’s holdings in Global X MLP ETF were worth $333,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Columbus Macro LLC bought a new stake in shares of Global X MLP ETF in the 4th quarter valued at $12,358,000. Raymond James & Associates grew its stake in Global X MLP ETF by 38.6% in the third quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock valued at $22,316,000 after acquiring an additional 129,449 shares during the period. Attessa Capital LLC bought a new stake in shares of Global X MLP ETF in the fourth quarter worth about $2,504,000. Global Retirement Partners LLC raised its position in shares of Global X MLP ETF by 59.5% during the fourth quarter. Global Retirement Partners LLC now owns 99,379 shares of the company’s stock worth $4,910,000 after purchasing an additional 37,081 shares during the period. Finally, D.A. Davidson & CO. raised its position in shares of Global X MLP ETF by 80.5% during the fourth quarter. D.A. Davidson & CO. now owns 61,998 shares of the company’s stock worth $3,063,000 after purchasing an additional 27,651 shares during the period.

Global X MLP ETF Stock Performance

Shares of MLPA opened at $53.83 on Friday. The stock has a 50 day simple moving average of $51.54 and a 200 day simple moving average of $49.47. Global X MLP ETF has a 52-week low of $45.28 and a 52-week high of $54.53. The firm has a market capitalization of $1.82 billion, a PE ratio of 12.27 and a beta of 0.37.

Global X MLP ETF Company Profile

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.