Good Life Advisors LLC Buys 1,082 Shares of Global X MLP ETF $MLPA

Good Life Advisors LLC grew its stake in Global X MLP ETF (NYSEARCA:MLPA) by 21.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,117 shares of the company’s stock after acquiring an additional 1,082 shares during the period. Good Life Advisors LLC’s holdings in Global X MLP ETF were worth $307,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. CWM LLC purchased a new position in Global X MLP ETF during the 1st quarter worth $42,000. Wealthfront Advisers LLC lifted its holdings in shares of Global X MLP ETF by 9.0% in the 1st quarter. Wealthfront Advisers LLC now owns 22,049 shares of the company’s stock worth $1,174,000 after buying an additional 1,817 shares during the period. Private Advisor Group LLC grew its position in shares of Global X MLP ETF by 186.7% during the 1st quarter. Private Advisor Group LLC now owns 95,919 shares of the company’s stock worth $5,106,000 after buying an additional 62,468 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in shares of Global X MLP ETF by 29.1% during the 1st quarter. J.W. Cole Advisors Inc. now owns 19,816 shares of the company’s stock worth $1,055,000 after buying an additional 4,465 shares in the last quarter. Finally, Madison Asset Management LLC increased its stake in shares of Global X MLP ETF by 20.3% during the first quarter. Madison Asset Management LLC now owns 217,710 shares of the company’s stock valued at $11,589,000 after buying an additional 36,779 shares during the period.

Global X MLP ETF Price Performance

MLPA stock opened at $48.60 on Friday. Global X MLP ETF has a 1-year low of $45.09 and a 1-year high of $54.53. The business has a 50-day moving average price of $48.25 and a 200 day moving average price of $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 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.