Whalen Wealth Management Inc. Has $2.99 Million Position in Global X MLP ETF (NYSEARCA:MLPA)

Whalen Wealth Management Inc. raised its stake in Global X MLP ETF (NYSEARCA:MLPA) by 28.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 60,434 shares of the company’s stock after buying an additional 13,236 shares during the quarter. Global X MLP ETF accounts for about 2.1% of Whalen Wealth Management Inc.’s holdings, making the stock its 12th biggest position. Whalen Wealth Management Inc.’s holdings in Global X MLP ETF were worth $2,986,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MLPA. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Global X MLP ETF by 15.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 8,277 shares of the company’s stock valued at $401,000 after buying an additional 1,125 shares during the last quarter. Sei Investments Co. lifted its stake in Global X MLP ETF by 8.4% in the second quarter. Sei Investments Co. now owns 60,726 shares of the company’s stock valued at $2,945,000 after acquiring an additional 4,706 shares during the last quarter. Matrix Private Capital Group LLC grew its position in Global X MLP ETF by 14.9% in the second quarter. Matrix Private Capital Group LLC now owns 74,059 shares of the company’s stock worth $3,592,000 after acquiring an additional 9,631 shares in the last quarter. NewEdge Advisors LLC grew its position in Global X MLP ETF by 53.6% in the second quarter. NewEdge Advisors LLC now owns 65,044 shares of the company’s stock worth $3,155,000 after acquiring an additional 22,701 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in shares of Global X MLP ETF by 116.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 14,446 shares of the company’s stock worth $701,000 after purchasing an additional 7,785 shares during the last quarter.

Global X MLP ETF Trading Down 0.7 %

MLPA stock opened at $53.11 on Thursday. The firm has a market cap of $1.80 billion, a PE ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a 1 year low of $44.49 and a 1 year high of $54.02. The company has a fifty day simple moving average of $50.37 and a 200 day simple moving average of $48.83.

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.