Flaharty Asset Management LLC Takes $1.11 Million Position in Global X MLP ETF $MLPA

Flaharty Asset Management LLC bought a new position in shares of Global X MLP ETF (NYSEARCA:MLPAFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,000 shares of the company’s stock, valued at approximately $1,114,000. Flaharty Asset Management LLC owned approximately 0.06% of Global X MLP ETF as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Clean Yield Group acquired a new stake in shares of Global X MLP ETF during the 3rd quarter worth approximately $26,000. Private Trust Co. NA lifted its position in Global X MLP ETF by 39.2% in the third quarter. Private Trust Co. NA now owns 1,066 shares of the company’s stock worth $52,000 after purchasing an additional 300 shares during the period. Blue Trust Inc. boosted its stake in Global X MLP ETF by 230.0% during the second quarter. Blue Trust Inc. now owns 1,099 shares of the company’s stock worth $55,000 after buying an additional 766 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in Global X MLP ETF in the 2nd quarter valued at $88,000. Finally, Greenspring Advisors LLC acquired a new position in shares of Global X MLP ETF in the 3rd quarter valued at $205,000.

Global X MLP ETF Stock Performance

NYSEARCA:MLPA opened at $51.49 on Friday. The company has a 50-day moving average of $49.27 and a 200-day moving average of $49.07. Global X MLP ETF has a 52 week low of $45.09 and a 52 week high of $54.53. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 14.42 and a beta of 0.64.

Global X MLP ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Global X MLP ETF (NYSEARCA:MLPA)

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