Charles Schwab Investment Advisory Inc. Sells 297 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Charles Schwab Investment Advisory Inc. lowered its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,330 shares of the company’s stock after selling 297 shares during the period. Charles Schwab Investment Advisory Inc.’s holdings in Global X MLP ETF were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Simplex Trading LLC lifted its holdings in Global X MLP ETF by 81.5% during the fourth quarter. Simplex Trading LLC now owns 915 shares of the company’s stock worth $40,000 after acquiring an additional 411 shares in the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of Global X MLP ETF by 87.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,720 shares of the company’s stock valued at $120,000 after purchasing an additional 1,268 shares during the period. Blair William & Co. IL raised its holdings in Global X MLP ETF by 28.6% during the 3rd quarter. Blair William & Co. IL now owns 3,358 shares of the company’s stock worth $150,000 after buying an additional 746 shares during the period. First Horizon Advisors Inc. lifted its stake in Global X MLP ETF by 33.3% in the fourth quarter. First Horizon Advisors Inc. now owns 3,486 shares of the company’s stock valued at $154,000 after buying an additional 871 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Global X MLP ETF in the fourth quarter valued at approximately $165,000.

Global X MLP ETF Stock Up 0.3 %

Shares of NYSEARCA:MLPA traded up $0.12 during midday trading on Wednesday, reaching $47.57. 54,341 shares of the company were exchanged, compared to its average volume of 119,637. The firm has a market cap of $1.61 billion, a PE ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a fifty-two week low of $40.22 and a fifty-two week high of $49.25. The stock has a fifty day simple moving average of $47.68 and a two-hundred day simple moving average of $45.96.

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.