Global X MLP ETF (NYSEARCA:MLPA) Position Boosted by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. increased its holdings in Global X MLP ETF (NYSEARCA:MLPA) by 28.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,434 shares of the company’s stock after purchasing an additional 13,236 shares during the quarter. Global X MLP ETF accounts for 2.1% of Whalen Wealth Management Inc.’s holdings, making the stock its 12th biggest position. Whalen Wealth Management Inc. owned about 0.18% of Global X MLP ETF worth $2,986,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Friedenthal Financial lifted its position in shares of Global X MLP ETF by 2.1% during the 3rd quarter. Friedenthal Financial now owns 12,060 shares of the company’s stock valued at $579,000 after acquiring an additional 251 shares during the last quarter. MONECO Advisors LLC lifted its holdings in shares of Global X MLP ETF by 3.7% during the third quarter. MONECO Advisors LLC now owns 7,255 shares of the company’s stock valued at $348,000 after purchasing an additional 261 shares during the last quarter. Wiser Advisor Group LLC boosted its position in shares of Global X MLP ETF by 3.0% in the 3rd quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock valued at $608,000 after purchasing an additional 373 shares during the period. Capital Advisors Ltd. LLC increased its stake in Global X MLP ETF by 94.4% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock worth $52,000 after purchasing an additional 524 shares in the last quarter. Finally, Black Swift Group LLC raised its holdings in Global X MLP ETF by 1.3% during the 3rd quarter. Black Swift Group LLC now owns 41,155 shares of the company’s stock worth $1,975,000 after buying an additional 535 shares during the period.

Global X MLP ETF Price Performance

Shares of MLPA opened at $53.11 on Thursday. The company has a 50-day moving average of $50.37 and a two-hundred day moving average of $48.83. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. Global X MLP ETF has a one year low of $44.49 and a one year high of $54.02.

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.