Global X MLP ETF $MLPA Shares Newly Bought by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. bought a new position in Global X MLP ETF (NYSEARCA:MLPA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 49,243 shares of the company’s stock, valued at approximately $2,622,000. Global Wealth Management Investment Advisory Inc. owned about 0.11% of Global X MLP ETF at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. AlphaCore Capital LLC bought a new position in Global X MLP ETF in the 3rd quarter valued at about $2,670,000. Almanack Investment Partners LLC. acquired a new stake in Global X MLP ETF during the third quarter valued at approximately $5,879,000. M Holdings Securities Inc. bought a new stake in Global X MLP ETF during the third quarter worth approximately $208,000. Madrid Financial Services bought a new stake in Global X MLP ETF during the third quarter worth approximately $25,780,000. Finally, Point Nemo Capital LLC bought a new stake in shares of Global X MLP ETF during the 3rd quarter worth $4,563,000.

Global X MLP ETF Stock Performance

NYSEARCA MLPA opened at $51.31 on Tuesday. Global X MLP ETF has a twelve month low of $47.23 and a twelve month high of $58.00. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 14.42 and a beta of 0.48. The firm’s 50 day moving average price is $54.91 and its two-hundred day moving average price is $54.33.

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.