Lynx Capital Group Ltd. ADV Acquires New Stake in Global X MLP ETF $MLPA

Lynx Capital Group Ltd. ADV bought a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 19,792 shares of the company’s stock, valued at approximately $1,054,000.

Several other institutional investors have also recently made changes to their positions in MLPA. Parallel Advisors LLC purchased a new position in shares of Global X MLP ETF in the 3rd quarter valued at approximately $26,000. Foresight Capital Management Advisors Inc. bought a new stake in shares of Global X MLP ETF during the third quarter valued at approximately $31,000. Triumph Capital Management purchased a new stake in Global X MLP ETF in the third quarter worth $33,000. Flagship Wealth Advisors LLC purchased a new stake in Global X MLP ETF in the third quarter worth $39,000. Finally, Pinnacle Wealth Planning Services Inc. bought a new position in Global X MLP ETF in the third quarter worth $41,000.

Global X MLP ETF Trading Up 0.9%

MLPA opened at $51.77 on Wednesday. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 14.42 and a beta of 0.48. The stock has a fifty day simple moving average of $54.80 and a two-hundred day simple moving average of $54.33. Global X MLP ETF has a 12-month low of $47.52 and a 12-month 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.