Wiser Advisor Group LLC Purchases 373 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Wiser Advisor Group LLC raised its holdings in Global X MLP ETF (NYSEARCA:MLPA) by 3.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,669 shares of the company’s stock after buying an additional 373 shares during the period. Global X MLP ETF comprises approximately 0.9% of Wiser Advisor Group LLC’s investment portfolio, making the stock its 28th biggest holding. Wiser Advisor Group LLC’s holdings in Global X MLP ETF were worth $608,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Comerica Bank lifted its position in Global X MLP ETF by 19.3% during the first quarter. Comerica Bank now owns 77,442 shares of the company’s stock worth $3,734,000 after acquiring an additional 12,543 shares during the last quarter. Austin Wealth Management LLC increased its position in Global X MLP ETF by 6.2% during the 1st quarter. Austin Wealth Management LLC now owns 7,122 shares of the company’s stock worth $336,000 after buying an additional 416 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Global X MLP ETF by 44.0% during the first quarter. Cetera Investment Advisers now owns 295,725 shares of the company’s stock worth $14,260,000 after buying an additional 90,297 shares in the last quarter. Cetera Advisors LLC grew its stake in shares of Global X MLP ETF by 164.1% in the first quarter. Cetera Advisors LLC now owns 98,179 shares of the company’s stock valued at $4,734,000 after acquiring an additional 61,003 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. raised its stake in Global X MLP ETF by 32.4% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 5,705 shares of the company’s stock worth $277,000 after purchasing an additional 1,397 shares in the last quarter.

Global X MLP ETF Price Performance

NYSEARCA:MLPA traded up $0.07 during trading hours on Monday, reaching $50.96. 15,805 shares of the company were exchanged, compared to its average volume of 120,987. The business has a 50 day moving average of $48.28 and a 200 day moving average of $47.91. Global X MLP ETF has a 1-year low of $43.40 and a 1-year high of $51.06. The company has a market capitalization of $1.72 billion, a P/E ratio of 12.27 and a beta of 0.37.

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.