Commonwealth Equity Services LLC Purchases 567 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Commonwealth Equity Services LLC grew its position in Global X MLP ETF (NYSEARCA:MLPA) by 1.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 52,813 shares of the company’s stock after buying an additional 567 shares during the period. Commonwealth Equity Services LLC owned 0.16% of Global X MLP ETF worth $2,547,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MLPA. Pinnacle Associates Ltd. raised its position in shares of Global X MLP ETF by 3.1% in the 1st quarter. Pinnacle Associates Ltd. now owns 80,328 shares of the company’s stock valued at $3,873,000 after purchasing an additional 2,380 shares during the last quarter. Advisors Management Group Inc. ADV raised its position in shares of Global X MLP ETF by 3.8% in the 1st quarter. Advisors Management Group Inc. ADV now owns 231,061 shares of the company’s stock valued at $11,142,000 after purchasing an additional 8,420 shares during the last quarter. Guild Investment Management Inc. raised its position in shares of Global X MLP ETF by 2.9% in the 1st quarter. Guild Investment Management Inc. now owns 34,230 shares of the company’s stock valued at $1,651,000 after purchasing an additional 969 shares during the last quarter. MONECO Advisors LLC raised its position in shares of Global X MLP ETF by 9.6% in the 1st quarter. MONECO Advisors LLC now owns 7,336 shares of the company’s stock valued at $354,000 after purchasing an additional 640 shares during the last quarter. Finally, Whalen Wealth Management Inc. raised its position in shares of Global X MLP ETF by 50.6% in the 1st quarter. Whalen Wealth Management Inc. now owns 48,540 shares of the company’s stock valued at $2,341,000 after purchasing an additional 16,317 shares during the last quarter.

Global X MLP ETF Stock Down 0.8 %

Shares of Global X MLP ETF stock opened at $48.75 on Friday. The firm has a market capitalization of $1.65 billion, a P/E ratio of 12.27 and a beta of 0.37. The company has a 50 day moving average price of $47.50 and a 200 day moving average price of $46.74. Global X MLP ETF has a 52 week low of $42.42 and a 52 week high of $49.29.

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.