21,991 Shares in Global X MLP ETF $MLPA Acquired by Independent Financial Group LLC

Independent Financial Group LLC acquired a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 21,991 shares of the company’s stock, valued at approximately $1,185,000.

A number of other institutional investors have also recently added to or reduced their stakes in MLPA. Dorsey & Whitney Trust CO LLC grew its position in Global X MLP ETF by 2.2% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 9,170 shares of the company’s stock worth $444,000 after acquiring an additional 194 shares in the last quarter. WCG Wealth Advisors LLC raised its holdings in shares of Global X MLP ETF by 1.9% during the 3rd quarter. WCG Wealth Advisors LLC now owns 11,232 shares of the company’s stock valued at $544,000 after purchasing an additional 212 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Global X MLP ETF by 2.2% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 11,011 shares of the company’s stock valued at $533,000 after purchasing an additional 234 shares during the last quarter. NBC Securities Inc. lifted its stake in shares of Global X MLP ETF by 9.7% in the 4th quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock valued at $130,000 after purchasing an additional 238 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in shares of Global X MLP ETF by 5.3% in the 4th quarter. Kestra Advisory Services LLC now owns 5,790 shares of the company’s stock valued at $280,000 after purchasing an additional 292 shares during the last quarter.

Global X MLP ETF Trading Up 0.7%

Shares of NYSEARCA:MLPA opened at $55.77 on Tuesday. The stock has a market capitalization of $2.25 billion, a PE ratio of 14.42 and a beta of 0.45. Global X MLP ETF has a 1 year low of $46.39 and a 1 year high of $56.53. The firm has a fifty day moving average price of $54.06 and a 200 day moving average price of $53.16.

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.