Endowment Wealth Management Inc. Has $537,000 Position in Global X MLP ETF (NYSEARCA:MLPA)

Endowment Wealth Management Inc. decreased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 3.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,070 shares of the company’s stock after selling 385 shares during the period. Endowment Wealth Management Inc.’s holdings in Global X MLP ETF were worth $537,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new stake in Global X MLP ETF in the 2nd quarter valued at $30,000. Simplex Trading LLC increased its stake in Global X MLP ETF by 81.5% in the 4th quarter. Simplex Trading LLC now owns 915 shares of the company’s stock valued at $40,000 after buying an additional 411 shares during the last quarter. Park Place Capital Corp purchased a new stake in Global X MLP ETF in the 1st quarter valued at about $53,000. Heritage Wealth Advisors bought a new position in shares of Global X MLP ETF during the 4th quarter worth approximately $52,000. Finally, Montag A & Associates Inc. purchased a new position in shares of Global X MLP ETF in the 4th quarter worth approximately $55,000.

Global X MLP ETF Trading Up 0.2 %

Shares of MLPA opened at $47.92 on Tuesday. The stock has a 50 day moving average of $48.16 and a 200 day moving average of $47.63. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a 12 month low of $42.78 and a 12 month high of $50.10.

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.