Endowment Wealth Management Inc. Buys 1,067 Shares of Global X MLP ETF $MLPA

Endowment Wealth Management Inc. lifted its stake in Global X MLP ETF (NYSEARCA:MLPA) by 9.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,911 shares of the company’s stock after acquiring an additional 1,067 shares during the quarter. Endowment Wealth Management Inc.’s holdings in Global X MLP ETF were worth $598,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. LGL Partners LLC grew its position in Global X MLP ETF by 1.8% during the first quarter. LGL Partners LLC now owns 16,566 shares of the company’s stock valued at $882,000 after buying an additional 290 shares during the period. MGB Wealth Management LLC grew its position in Global X MLP ETF by 22.6% during the first quarter. MGB Wealth Management LLC now owns 1,630 shares of the company’s stock valued at $87,000 after buying an additional 300 shares during the period. Blair William & Co. IL grew its position in Global X MLP ETF by 1.6% during the second quarter. Blair William & Co. IL now owns 28,210 shares of the company’s stock valued at $1,416,000 after buying an additional 436 shares during the period. Harbour Investments Inc. grew its position in Global X MLP ETF by 2.3% during the first quarter. Harbour Investments Inc. now owns 20,027 shares of the company’s stock valued at $1,066,000 after buying an additional 445 shares during the period. Finally, Legend Financial Advisors Inc. bought a new stake in Global X MLP ETF during the second quarter valued at approximately $25,000.

Global X MLP ETF Trading Down 1.9%

Shares of NYSEARCA MLPA opened at $46.39 on Monday. The firm has a 50 day moving average of $49.17 and a 200 day moving average of $49.69. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 14.42 and a beta of 1.40. Global X MLP ETF has a 12-month low of $45.09 and a 12-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.