LFG Wealth Partners LLC Makes New Investment in Global X MLP ETF $MLPA

LFG Wealth Partners LLC acquired a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,065 shares of the company’s stock, valued at approximately $1,068,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Dorsey & Whitney Trust CO LLC raised its position in Global X MLP ETF by 2.2% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 9,170 shares of the company’s stock worth $444,000 after acquiring an additional 194 shares during the period. WCG Wealth Advisors LLC raised its position in Global X MLP ETF by 1.9% during the third quarter. WCG Wealth Advisors LLC now owns 11,232 shares of the company’s stock worth $544,000 after acquiring an additional 212 shares during the period. U.S. Capital Wealth Advisors LLC raised its position in Global X MLP ETF by 2.2% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 11,011 shares of the company’s stock worth $533,000 after acquiring an additional 234 shares during the period. NBC Securities Inc. raised its position in Global X MLP ETF by 9.7% during the fourth quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock worth $130,000 after acquiring an additional 238 shares during the period. Finally, Kestra Advisory Services LLC raised its position in Global X MLP ETF by 5.3% during the fourth quarter. Kestra Advisory Services LLC now owns 5,790 shares of the company’s stock worth $280,000 after acquiring an additional 292 shares during the period.

Global X MLP ETF Stock Performance

NYSEARCA:MLPA opened at $52.76 on Tuesday. The company has a fifty day moving average of $54.15 and a two-hundred day moving average of $52.29. The stock has a market capitalization of $2.10 billion, a PE ratio of 14.42 and a beta of 0.45. Global X MLP ETF has a fifty-two week low of $46.39 and a fifty-two week high of $56.53.

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.