741 Shares in Global X MLP ETF (NYSEARCA:MLPA) Acquired by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC purchased a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 741 shares of the company’s stock, valued at approximately $37,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. lifted its holdings in Global X MLP ETF by 32.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,298 shares of the company’s stock worth $782,000 after buying an additional 3,953 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Global X MLP ETF by 17.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,800 shares of the company’s stock worth $975,000 after buying an additional 3,000 shares during the period. Golden State Equity Partners purchased a new stake in Global X MLP ETF in the 4th quarter worth approximately $717,000. Principal Securities Inc. lifted its holdings in Global X MLP ETF by 7.2% in the 4th quarter. Principal Securities Inc. now owns 13,078 shares of the company’s stock worth $646,000 after buying an additional 878 shares during the period. Finally, Endowment Wealth Management Inc. lifted its holdings in Global X MLP ETF by 2.2% in the 4th quarter. Endowment Wealth Management Inc. now owns 10,557 shares of the company’s stock worth $522,000 after buying an additional 226 shares during the period.

Global X MLP ETF Stock Performance

NYSEARCA MLPA opened at $53.60 on Wednesday. Global X MLP ETF has a fifty-two week low of $45.28 and a fifty-two week high of $54.53. The stock has a 50 day simple moving average of $52.62 and a two-hundred day simple moving average of $50.18. The stock has a market cap of $1.88 billion, a P/E ratio of 14.59 and a beta of 1.29.

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.