LPL Financial LLC Increases Holdings in Global X MLP ETF (NYSEARCA:MLPA)

LPL Financial LLC raised its stake in Global X MLP ETF (NYSEARCA:MLPA) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 684,407 shares of the company’s stock after purchasing an additional 10,686 shares during the quarter. LPL Financial LLC owned about 2.02% of Global X MLP ETF worth $33,194,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of MLPA. Rothschild Investment LLC purchased a new stake in Global X MLP ETF during the 2nd quarter worth $30,000. Heritage Wealth Advisors acquired a new position in shares of Global X MLP ETF in the 4th quarter valued at about $52,000. Park Place Capital Corp bought a new stake in shares of Global X MLP ETF during the 1st quarter valued at about $53,000. Triad Wealth Partners LLC bought a new position in Global X MLP ETF in the second quarter worth about $63,000. Finally, Centerpoint Advisors LLC bought a new position in Global X MLP ETF in the second quarter worth about $73,000.

Global X MLP ETF Trading Up 0.2 %

Shares of Global X MLP ETF stock opened at $48.26 on Tuesday. Global X MLP ETF has a twelve month low of $42.78 and a twelve month high of $50.10. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The business’s 50 day simple moving average is $47.91 and its 200-day simple moving average is $47.72.

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.