Rockefeller Capital Management L.P . boosted its stake in Global X MLP ETF (NYSEARCA: MLPA) by 31.1% in the fourth quarter. They added 94,623 shares, bringing total investment to about $19.33 million.
Rockefeller now holds roughly 1.02% of Global X MLP ETF . Other institutional investors are adjusting too. Dorsey & Whitney Trust CO LLC increased its stake by 2.2%, holding 9,170 shares valued at $444,000 after buying 194 more shares last quarter.
Meanwhile,WCG Wealth Advisors LLC raised holdings by 1.9% in third quarter,finishing with 11,232 shares worth $544,000 after adding 212 shares. U.S . Capital Wealth Advisors LLC bumped up position by 2.2% in fourth quarter,now holding 11,011 shares valued at $533,000 after acquiring 234 shares.
NBC Securities Inc. lifted its stake by 9.7% to 2,683 shares worth $130,000 after adding 238 shares . And Kestra Advisory Services LLC grew its stake by 5.3%,now owning 5,790 shares valued at $280,000 after buying 292 shares in same period.
Global X MLP ETF,tracking Solactive MLP Infrastructure index, opened at $53.24 Wednesday. Market cap stands at $2.12 billion,P/E ratio 14.42, beta 0.45. Over past year, ETF hit low of $46.39,high of $56.53. Its 50-day moving average is $53.96, 200-day at $52.44.
Since launching April 18,2012, Global X MLP ETF—a C-corporation managed by Global X—tracks a market-cap-weighted index of U.S. midstream MLPs,offering exposure to this sector.
Institutional interest keeps rising. Investors should watch closely…






