Legacy Wealth Asset Management LLC Increases Position in Global X MLP ETF (NYSEARCA:MLPA)

Legacy Wealth Asset Management LLC raised its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 9.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 167,430 shares of the company’s stock after purchasing an additional 14,390 shares during the period. Global X MLP ETF accounts for approximately 2.3% of Legacy Wealth Asset Management LLC’s holdings, making the stock its 3rd biggest position. Legacy Wealth Asset Management LLC’s holdings in Global X MLP ETF were worth $8,273,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Friedenthal Financial lifted its position in shares of Global X MLP ETF by 2.1% in the third quarter. Friedenthal Financial now owns 12,060 shares of the company’s stock worth $579,000 after buying an additional 251 shares in the last quarter. MONECO Advisors LLC increased its stake in Global X MLP ETF by 3.7% in the 3rd quarter. MONECO Advisors LLC now owns 7,255 shares of the company’s stock worth $348,000 after acquiring an additional 261 shares during the last quarter. Wiser Advisor Group LLC raised its holdings in shares of Global X MLP ETF by 3.0% during the 3rd quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock worth $608,000 after acquiring an additional 373 shares in the last quarter. Capital Advisors Ltd. LLC boosted its position in shares of Global X MLP ETF by 94.4% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock valued at $52,000 after acquiring an additional 524 shares during the last quarter. Finally, Black Swift Group LLC grew its holdings in shares of Global X MLP ETF by 1.3% in the third quarter. Black Swift Group LLC now owns 41,155 shares of the company’s stock valued at $1,975,000 after purchasing an additional 535 shares in the last quarter.

Global X MLP ETF Stock Performance

Shares of MLPA opened at $52.74 on Friday. The stock has a market capitalization of $1.78 billion, a PE ratio of 12.27 and a beta of 0.37. The company’s fifty day moving average is $50.07 and its 200 day moving average is $48.74. Global X MLP ETF has a fifty-two week low of $44.06 and a fifty-two week high of $52.74.

Global X MLP ETF 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.