Global X MLP ETF (NYSEARCA:MLPA) Shares Purchased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. raised its position in Global X MLP ETF (NYSEARCA:MLPA) by 12.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,217 shares of the company’s stock after buying an additional 3,452 shares during the period. Global Wealth Management Investment Advisory Inc. owned about 0.10% of Global X MLP ETF worth $1,546,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Friedenthal Financial boosted its holdings in Global X MLP ETF by 2.1% in the 3rd quarter. Friedenthal Financial now owns 12,060 shares of the company’s stock valued at $579,000 after purchasing an additional 251 shares during the last quarter. MONECO Advisors LLC grew its position in Global X MLP ETF by 3.7% in the third quarter. MONECO Advisors LLC now owns 7,255 shares of the company’s stock worth $348,000 after acquiring an additional 261 shares during the period. LGL Partners LLC increased its stake in Global X MLP ETF by 1.9% during the second quarter. LGL Partners LLC now owns 15,665 shares of the company’s stock worth $760,000 after acquiring an additional 294 shares during the last quarter. Austin Wealth Management LLC raised its position in Global X MLP ETF by 6.2% in the first quarter. Austin Wealth Management LLC now owns 7,122 shares of the company’s stock valued at $336,000 after purchasing an additional 416 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its stake in shares of Global X MLP ETF by 4.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,835 shares of the company’s stock valued at $622,000 after purchasing an additional 523 shares during the last quarter.

Global X MLP ETF Stock Performance

Shares of NYSEARCA MLPA traded up $0.38 during mid-day trading on Tuesday, reaching $47.88. 2,868 shares of the company’s stock were exchanged, compared to its average volume of 119,426. The company’s 50-day moving average is $47.87 and its 200-day moving average is $47.80. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a 52-week low of $43.40 and a 52-week high of $50.10.

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.