Global X MLP ETF (NYSEARCA:MLPA) Shares Purchased by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV increased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 234,459 shares of the company’s stock after acquiring an additional 1,381 shares during the period. Global X MLP ETF comprises approximately 2.7% of Advisors Management Group Inc. ADV’s holdings, making the stock its 7th largest holding. Advisors Management Group Inc. ADV owned approximately 0.69% of Global X MLP ETF worth $11,249,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MLPA. Rothschild Investment LLC acquired a new position in shares of Global X MLP ETF in the 2nd quarter valued at $30,000. Paladin Wealth LLC acquired a new position in Global X MLP ETF during the third quarter valued at approximately $40,000. Brown Financial Advisors acquired a new stake in Global X MLP ETF in the second quarter worth $43,000. Capital Advisors Ltd. LLC boosted its position in shares of Global X MLP ETF by 94.4% during 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 in the last quarter. Finally, Triad Wealth Partners LLC acquired a new position in shares of Global X MLP ETF in the 2nd quarter valued at $63,000.

Global X MLP ETF Trading Up 2.9 %

Shares of Global X MLP ETF stock opened at $49.34 on Thursday. Global X MLP ETF has a 12 month low of $43.40 and a 12 month high of $50.10. The company has a market capitalization of $1.67 billion, a PE ratio of 12.27 and a beta of 0.37. The stock’s fifty day simple moving average is $47.94 and its 200 day simple moving average is $47.81.

Global X MLP ETF 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.