MLPA Stock Summary and Trading Ideas (Global X MLP ETF | ARCA:MLPA)

The Global X MLP ETF seeks investment results that correspond generally to the price and yield performances, before fees and expenses, of the Solactive MLP Infrastructure Index.

Global X MLP ETF trades on the ARCA stock market under the symbol MLPA.

As of March 5, 2025, MLPA stock price declined to $51.59 with 245,707 million shares trading.

MLPA has a beta of 0.47, meaning it tends to be less sensitive to market movements. MLPA has a correlation of 0.23 to the broad based SPY ETF.

MLPA has a market cap of $1.80 billion. This is considered a Small Cap stock.

In the last 3 years, MLPA traded as high as $54.53 and as low as $34.80.

MLPA has outperformed the market in the last year with a price return of +17.8% while the SPY ETF gained +15.2%. MLPA has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +2.6% and -3.7%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

MLPA support price is $51.38 and resistance is $52.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MLPA shares will trade within this expected range on the day.