Strong Tower Advisory Services Purchases 2,265 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Strong Tower Advisory Services raised its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 6.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,685 shares of the company’s stock after acquiring an additional 2,265 shares during the quarter. Strong Tower Advisory Services owned approximately 0.11% of Global X MLP ETF worth $1,911,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MLPA. Evergreen Capital Management LLC bought a new stake in Global X MLP ETF during the second quarter worth about $23,028,000. Raymond James & Associates increased its position in shares of Global X MLP ETF by 38.6% during the 3rd quarter. Raymond James & Associates now owns 465,116 shares of the company’s stock worth $22,316,000 after purchasing an additional 129,449 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Global X MLP ETF by 0.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 319,424 shares of the company’s stock worth $15,326,000 after purchasing an additional 844 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Global X MLP ETF by 3.1% in the 2nd quarter. Cetera Investment Advisers now owns 304,763 shares of the company’s stock valued at $14,781,000 after buying an additional 9,038 shares during the last quarter. Finally, Advisors Management Group Inc. ADV grew its stake in shares of Global X MLP ETF by 4.4% in the fourth quarter. Advisors Management Group Inc. ADV now owns 244,814 shares of the company’s stock valued at $12,096,000 after buying an additional 10,355 shares in the last quarter.

Global X MLP ETF Stock Up 0.4 %

Shares of NYSEARCA MLPA opened at $52.95 on Monday. The business’s 50 day moving average price is $50.16 and its two-hundred day moving average price is $48.77. The company has a market cap of $1.79 billion, a PE ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a twelve month low of $44.06 and a twelve month high of $53.04.

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.