J.W. Cole Advisors Inc. Raises Stake in Global X MLP ETF $MLPA

J.W. Cole Advisors Inc. boosted its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 10.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,985 shares of the company’s stock after buying an additional 2,169 shares during the quarter. J.W. Cole Advisors Inc. owned approximately 0.06% of Global X MLP ETF worth $1,104,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC purchased a new position in Global X MLP ETF in the second quarter valued at approximately $6,684,000. LPL Financial LLC lifted its holdings in Global X MLP ETF by 15.9% during the first quarter. LPL Financial LLC now owns 885,205 shares of the company’s stock valued at $47,119,000 after purchasing an additional 121,466 shares during the last quarter. Global Retirement Partners LLC bought a new position in Global X MLP ETF during the second quarter worth about $5,045,000. Assetmark Inc. increased its stake in shares of Global X MLP ETF by 222,165.9% in the first quarter. Assetmark Inc. now owns 97,797 shares of the company’s stock worth $5,206,000 after purchasing an additional 97,753 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Global X MLP ETF by 9.7% in the first quarter. Raymond James Financial Inc. now owns 751,173 shares of the company’s stock valued at $39,985,000 after purchasing an additional 66,168 shares during the period.

Global X MLP ETF Trading Up 0.5%

MLPA opened at $48.07 on Wednesday. Global X MLP ETF has a 12 month low of $45.09 and a 12 month high of $54.53. The company has a market cap of $1.80 billion, a PE ratio of 14.42 and a beta of 0.64. The company has a 50 day moving average of $48.34 and a 200 day moving average of $49.39.

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.