Global X MLP ETF $MLPA Shares Newly Acquired by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. purchased a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 18,049 shares of the company’s stock, valued at approximately $961,000.

Several other institutional investors and hedge funds have also made changes to their positions in MLPA. Guild Investment Management Inc. acquired a new position in shares of Global X MLP ETF in the 3rd quarter valued at $2,205,000. Parallel Advisors LLC purchased a new position in shares of Global X MLP ETF in the 3rd quarter valued at approximately $26,000. Flagship Wealth Advisors LLC purchased a new position in Global X MLP ETF in the 3rd quarter valued at $39,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Global X MLP ETF during the third quarter worth about $3,931,000. Finally, International Assets Investment Management LLC acquired a new position in Global X MLP ETF during the 3rd quarter worth approximately $1,143,000.

Global X MLP ETF Price Performance

Shares of MLPA stock opened at $51.86 on Friday. Global X MLP ETF has a 1-year low of $47.01 and a 1-year high of $58.00. The firm has a market capitalization of $2.28 billion, a PE ratio of 14.42 and a beta of 0.48. The business’s fifty day moving average price is $55.02 and its 200 day moving average price is $54.32.

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.