Flagship Wealth Advisors LLC Makes New Investment in Global X MLP ETF (NYSEARCA:MLPA)

Flagship Wealth Advisors LLC bought a new position in Global X MLP ETF (NYSEARCA:MLPA) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 741 shares of the company’s stock, valued at approximately $37,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Heck Capital Advisors LLC bought a new position in shares of Global X MLP ETF during the 4th quarter valued at about $61,000. Advisors Asset Management Inc. bought a new position in shares of Global X MLP ETF during the 3rd quarter valued at about $65,000. Wilmington Savings Fund Society FSB bought a new position in shares of Global X MLP ETF during the 3rd quarter valued at about $80,000. Capital Advisors Ltd. LLC increased its position in shares of Global X MLP ETF by 54.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 1,666 shares of the company’s stock valued at $82,000 after purchasing an additional 587 shares during the last quarter. Finally, Bank of Jackson Hole Trust bought a new position in shares of Global X MLP ETF during the 4th quarter valued at about $116,000.

Global X MLP ETF Trading Up 0.0 %

Shares of Global X MLP ETF stock opened at $53.60 on Wednesday. The firm has a market capitalization of $1.88 billion, a PE ratio of 14.59 and a beta of 1.29. The business’s 50-day moving average price is $52.62 and its 200-day moving average price is $50.18. Global X MLP ETF has a 12 month low of $45.28 and a 12 month high of $54.53.

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.