Wiser Advisor Group LLC Boosts Stake in Global X MLP ETF $MLPA

Wiser Advisor Group LLC lifted its position in Global X MLP ETF (NYSEARCA:MLPA) by 38.3% in the 1st quarter, Holdings Channel reports. The fund owned 36,009 shares of the company’s stock after acquiring an additional 9,973 shares during the quarter. Global X MLP ETF accounts for 2.3% of Wiser Advisor Group LLC’s holdings, making the stock its 16th biggest holding. Wiser Advisor Group LLC’s holdings in Global X MLP ETF were worth $1,940,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MLPA. Goldman Sachs Group Inc. purchased a new stake in Global X MLP ETF in the first quarter worth $761,000. Empowered Funds LLC bought a new position in Global X MLP ETF in the first quarter worth $1,555,000. Cerity Partners LLC lifted its position in Global X MLP ETF by 17.1% during the second quarter. Cerity Partners LLC now owns 41,365 shares of the company’s stock valued at $2,077,000 after buying an additional 6,033 shares during the period. Qube Research & Technologies Ltd lifted its position in Global X MLP ETF by 94.5% during the second quarter. Qube Research & Technologies Ltd now owns 10,418 shares of the company’s stock valued at $523,000 after buying an additional 5,061 shares during the period. Finally, NewEdge Advisors LLC lifted its position in Global X MLP ETF by 8.5% during the second quarter. NewEdge Advisors LLC now owns 89,230 shares of the company’s stock valued at $4,479,000 after buying an additional 7,010 shares during the period.

Global X MLP ETF Price Performance

NYSEARCA:MLPA opened at $52.87 on Monday. The firm’s 50-day moving average price is $53.93 and its 200-day moving average price is $52.50. The company 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 1-year low of $46.39 and a 1-year 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.