Global X MLP ETF $MLPA Shares Newly Acquired by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. acquired a new position in shares of Global X MLP ETF (NYSEARCA:MLPA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 18,049 shares of the company’s stock, valued at approximately $961,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MLPA. Evergreen Capital Management LLC purchased a new stake in shares of Global X MLP ETF during the third quarter worth about $25,760,000. Tectonic Advisors LLC purchased a new stake in Global X MLP ETF during the third quarter valued at about $15,247,000. Legacy Wealth Asset Management LLC purchased a new stake in Global X MLP ETF during the third quarter valued at about $12,139,000. MBL Wealth LLC acquired a new stake in Global X MLP ETF during the third quarter worth about $8,811,000. Finally, Matrix Private Capital Group LLC acquired a new stake in Global X MLP ETF during the 1st quarter worth approximately $7,641,000.

Global X MLP ETF Stock Up 0.6%

Global X MLP ETF stock opened at $51.86 on Friday. Global X MLP ETF has a 52-week low of $47.01 and a 52-week high of $58.00. The firm has a market capitalization of $2.28 billion, a P/E ratio of 14.42 and a beta of 0.48. The firm has a fifty day moving average of $55.02 and a 200-day moving average of $54.32.

About Global X MLP ETF

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.