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

Royal Bank of Canada lifted its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 8.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 270,212 shares of the company’s stock after buying an additional 21,690 shares during the quarter. Royal Bank of Canada owned approximately 0.76% of Global X MLP ETF worth $14,382,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in Global X MLP ETF in the 1st quarter valued at about $34,000. CWM LLC purchased a new position in Global X MLP ETF in the 1st quarter worth approximately $42,000. SouthState Corp acquired a new position in shares of Global X MLP ETF in the 1st quarter valued at approximately $52,000. Heck Capital Advisors LLC acquired a new position in shares of Global X MLP ETF in the 4th quarter valued at approximately $61,000. Finally, Register Financial Advisors LLC acquired a new stake in shares of Global X MLP ETF during the 1st quarter valued at approximately $74,000.

Global X MLP ETF Trading Down 0.2%

MLPA stock opened at $49.08 on Thursday. Global X MLP ETF has a 12-month low of $45.09 and a 12-month high of $54.53. The stock’s 50 day simple moving average is $49.98 and its 200 day simple moving average is $50.36. The firm has a market cap of $1.77 billion, a P/E ratio of 14.42 and a beta of 1.40.

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.