Global Wealth Management Investment Advisory Inc. Acquires 4,036 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Global Wealth Management Investment Advisory Inc. lifted its holdings in Global X MLP ETF (NYSEARCA:MLPA) by 12.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,253 shares of the company’s stock after acquiring an additional 4,036 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Global X MLP ETF were worth $1,791,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MLPA. Columbus Macro LLC bought a new stake in shares of Global X MLP ETF in the 4th quarter valued at approximately $12,358,000. Raymond James & Associates raised its holdings in Global X MLP ETF by 38.6% during the 3rd quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock valued at $22,316,000 after buying an additional 129,449 shares during the period. Tectonic Advisors LLC lifted its position in Global X MLP ETF by 9.3% in the third quarter. Tectonic Advisors LLC now owns 231,423 shares of the company’s stock worth $11,104,000 after buying an additional 19,700 shares during the last quarter. Truist Financial Corp bought a new stake in Global X MLP ETF in the second quarter worth $838,000. Finally, Sonora Investment Management Group LLC boosted its stake in Global X MLP ETF by 26.5% during the fourth quarter. Sonora Investment Management Group LLC now owns 81,479 shares of the company’s stock worth $4,026,000 after buying an additional 17,090 shares during the period.

Global X MLP ETF Trading Down 2.1 %

Shares of MLPA opened at $52.68 on Monday. The company’s fifty day simple moving average is $51.17 and its 200-day simple moving average is $49.19. The company has a market cap of $1.78 billion, a P/E ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a twelve month low of $44.54 and a twelve 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.