286,377 Shares of Global X MLP ETF $MLPA Bought by Tectonic Advisors LLC

Tectonic Advisors LLC bought a new stake in Global X MLP ETF (NYSEARCA:MLPA) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 286,377 shares of the company’s stock, valued at approximately $15,247,000.

Other large investors have also modified their holdings of the company. IFP Advisors Inc lifted its position in shares of Global X MLP ETF by 3.4% during the third quarter. IFP Advisors Inc now owns 7,899 shares of the company’s stock worth $421,000 after purchasing an additional 262 shares during the last quarter. Centurion Wealth Management LLC increased its holdings in Global X MLP ETF by 1.2% in the second quarter. Centurion Wealth Management LLC now owns 24,348 shares of the company’s stock valued at $1,292,000 after buying an additional 288 shares during the last quarter. Barry Investment Advisors LLC raised its stake in Global X MLP ETF by 0.3% during the first quarter. Barry Investment Advisors LLC now owns 205,014 shares of the company’s stock valued at $11,044,000 after buying an additional 590 shares in the last quarter. LFG Wealth Partners LLC raised its stake in Global X MLP ETF by 2.8% during the first quarter. LFG Wealth Partners LLC now owns 22,673 shares of the company’s stock valued at $1,221,000 after buying an additional 608 shares in the last quarter. Finally, Triumph Capital Management bought a new position in Global X MLP ETF during the 3rd quarter worth approximately $33,000.

Global X MLP ETF Stock Up 1.5%

NYSEARCA:MLPA traded up $0.79 during trading hours on Friday, reaching $54.58. 117,742 shares of the stock were exchanged, compared to its average volume of 237,312. The stock has a market capitalization of $2.39 billion, a P/E ratio of 14.42 and a beta of 0.49. The firm has a 50 day simple moving average of $55.54 and a 200-day simple moving average of $54.80. Global X MLP ETF has a 52 week low of $47.01 and a 52 week high of $58.00.

About Global X MLP ETF

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.