Capital Advisors Wealth Management LLC Raises Stock Position in Global X MLP ETF (NYSEARCA:MLPA)

Capital Advisors Wealth Management LLC raised its holdings in Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,933 shares of the company’s stock after purchasing an additional 550 shares during the quarter. Capital Advisors Wealth Management LLC’s holdings in Global X MLP ETF were worth $1,084,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Evergreen Capital Management LLC acquired a new stake in shares of Global X MLP ETF during the 2nd quarter worth approximately $23,028,000. Raymond James & Associates boosted its holdings in Global X MLP ETF by 38.6% during the third quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock worth $22,316,000 after buying an additional 129,449 shares in the last quarter. Strong Tower Advisory Services grew its position in Global X MLP ETF by 383.6% during the third quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock valued at $1,747,000 after buying an additional 28,889 shares during the period. Blair William & Co. IL increased its holdings in Global X MLP ETF by 735.0% in the second quarter. Blair William & Co. IL now owns 29,057 shares of the company’s stock valued at $1,409,000 after buying an additional 25,577 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Global X MLP ETF by 53.6% in the second quarter. NewEdge Advisors LLC now owns 65,044 shares of the company’s stock valued at $3,155,000 after buying an additional 22,701 shares in the last quarter.

Global X MLP ETF Stock Up 1.2 %

MLPA stock opened at $52.74 on Friday. Global X MLP ETF has a 52-week low of $44.06 and a 52-week high of $52.74. The firm has a market cap of $1.78 billion, a P/E ratio of 12.27 and a beta of 0.37. The company’s 50-day simple moving average is $50.07 and its 200-day simple moving average is $48.74.

Global X MLP ETF Company Profile

(Free Report)

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.

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