Creative Planning Reduces Holdings in Global X MLP ETF $MLPA

Creative Planning reduced its stake in Global X MLP ETF (NYSEARCA:MLPA) by 1.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,924,187 shares of the company’s stock after selling 25,183 shares during the quarter. Creative Planning owned about 5.37% of Global X MLP ETF worth $96,594,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Endowment Wealth Management Inc. increased its stake in Global X MLP ETF by 2.7% during the 1st quarter. Endowment Wealth Management Inc. now owns 10,844 shares of the company’s stock valued at $577,000 after purchasing an additional 287 shares in the last quarter. LGL Partners LLC lifted its stake in shares of Global X MLP ETF by 1.8% during the first quarter. LGL Partners LLC now owns 16,566 shares of the company’s stock worth $882,000 after buying an additional 290 shares during the period. MGB Wealth Management LLC grew its holdings in shares of 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 last quarter. Pekin Hardy Strauss Inc. increased its position in shares of Global X MLP ETF by 0.6% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 64,854 shares of the company’s stock valued at $3,256,000 after acquiring an additional 390 shares during the period. Finally, Blair William & Co. IL increased its holdings in shares of Global X MLP ETF by 1.6% in the second quarter. Blair William & Co. IL now owns 28,210 shares of the company’s stock valued at $1,416,000 after purchasing an additional 436 shares during the period.

Global X MLP ETF Stock Performance

Shares of MLPA opened at $48.60 on Friday. The business’s 50-day moving average is $48.25 and its two-hundred day moving average is $49.36. The company has a market capitalization of $1.82 billion, a P/E ratio of 14.42 and a beta of 0.64. Global X MLP ETF has a fifty-two week low of $45.09 and a fifty-two week 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.