Envestnet Asset Management Inc. Has $25.42 Million Stock Holdings in Global X MLP ETF (NYSEARCA:MLPA)

Envestnet Asset Management Inc. cut its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 2.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 477,560 shares of the company’s stock after selling 13,900 shares during the period. Envestnet Asset Management Inc. owned 1.35% of Global X MLP ETF worth $25,421,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in Global X MLP ETF in the 1st quarter valued at about $34,000. Flagship Wealth Advisors LLC acquired a new position in Global X MLP ETF in the 4th quarter valued at about $37,000. Heck Capital Advisors LLC acquired a new position in Global X MLP ETF in the 4th quarter valued at about $61,000. Register Financial Advisors LLC acquired a new position in Global X MLP ETF in the 1st quarter valued at about $74,000. Finally, AdvisorNet Financial Inc acquired a new position in Global X MLP ETF in the 1st quarter valued at about $102,000.

Global X MLP ETF Stock Performance

Shares of MLPA opened at $49.90 on Wednesday. Global X MLP ETF has a 52 week low of $45.09 and a 52 week high of $54.53. The firm has a market cap of $1.79 billion, a P/E ratio of 14.42 and a beta of 1.40. The firm’s 50-day simple moving average is $49.99 and its 200 day simple moving average is $51.00.

Global X MLP ETF 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.