Financial Advocates Investment Management boosted its position in shares of Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 74.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,432 shares of the company’s stock after buying an additional 15,489 shares during the quarter. Financial Advocates Investment Management’s holdings in Global X MLP ETF were worth $1,800,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also bought and sold shares of the company. Paladin Wealth LLC bought a new stake in shares of Global X MLP ETF during the third quarter worth $40,000. Capital Advisors Ltd. LLC grew its holdings in shares of Global X MLP ETF by 94.4% in the third quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock worth $52,000 after purchasing an additional 524 shares during the last quarter. Hara Capital LLC purchased a new position in Global X MLP ETF in the 3rd quarter worth about $59,000. Heck Capital Advisors LLC bought a new stake in Global X MLP ETF during the 4th quarter valued at about $61,000. Finally, Advisors Asset Management Inc. purchased a new stake in Global X MLP ETF in the 3rd quarter valued at about $65,000.
Global X MLP ETF Price Performance
Shares of MLPA stock opened at $53.79 on Friday. The company has a market capitalization of $1.82 billion, a P/E ratio of 12.27 and a beta of 0.37. The company’s 50-day simple moving average is $51.13 and its two-hundred day simple moving average is $49.15. Global X MLP ETF has a one year low of $44.49 and a one year 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.
See Also
- Five stocks we like better than Global X MLP ETF
- High Flyers: 3 Natural Gas Stocks for March 2022
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Want to see what other hedge funds are holding MLPA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X MLP ETF (NYSEARCA:MLPA – Free Report).
Receive News & Ratings for Global X MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
