Columbus Macro LLC Lowers Stock Position in Global X MLP ETF $MLPA

Columbus Macro LLC lessened its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 34.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 178,808 shares of the company’s stock after selling 93,056 shares during the quarter. Columbus Macro LLC owned approximately 0.48% of Global X MLP ETF worth $8,658,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in shares of Global X MLP ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 494,993 shares of the company’s stock worth $24,849,000 after acquiring an additional 17,433 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in Global X MLP ETF by 1.6% in the 2nd quarter. Evergreen Capital Management LLC now owns 480,988 shares of the company’s stock worth $24,146,000 after purchasing an additional 7,426 shares during the period. Gradient Investments LLC boosted its position in Global X MLP ETF by 2.8% during the third quarter. Gradient Investments LLC now owns 447,269 shares of the company’s stock worth $21,657,000 after purchasing an additional 12,166 shares in the last quarter. Cetera Investment Advisers boosted its position in Global X MLP ETF by 4.0% during the second quarter. Cetera Investment Advisers now owns 389,422 shares of the company’s stock worth $19,549,000 after purchasing an additional 14,988 shares in the last quarter. Finally, Tectonic Advisors LLC grew its holdings in Global X MLP ETF by 9.2% in the second quarter. Tectonic Advisors LLC now owns 272,364 shares of the company’s stock valued at $13,673,000 after purchasing an additional 23,000 shares during the period.

Global X MLP ETF Price Performance

Global X MLP ETF stock opened at $48.26 on Friday. The stock has a market capitalization of $1.81 billion, a PE ratio of 14.42 and a beta of 0.64. The business has a 50 day simple moving average of $48.38 and a 200-day simple moving average of $49.13. Global X MLP ETF has a 12 month low of $45.09 and a 12 month high of $54.53.

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.