Stratos Wealth Partners LTD. Purchases 2,898 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Stratos Wealth Partners LTD. increased its position in shares of Global X MLP ETF (NYSEARCA:MLPA) by 12.9% during the 4th quarter, Holdings Channel reports. The firm owned 25,320 shares of the company’s stock after acquiring an additional 2,898 shares during the period. Stratos Wealth Partners LTD.’s holdings in Global X MLP ETF were worth $1,251,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of MLPA. Columbus Macro LLC purchased a new stake in shares of Global X MLP ETF during the fourth quarter valued at about $12,358,000. Golden State Equity Partners purchased a new position in shares of Global X MLP ETF in the 4th quarter valued at about $717,000. Chicago Partners Investment Group LLC acquired a new position in shares of Global X MLP ETF during the fourth quarter valued at approximately $341,000. Heck Capital Advisors LLC purchased a new stake in Global X MLP ETF during the 4th quarter valued at about $61,000. Finally, Sonora Investment Management Group LLC raised its holdings in shares of Global X MLP ETF by 26.5% during the 4th quarter. Sonora Investment Management Group LLC now owns 81,479 shares of the company’s stock worth $4,026,000 after acquiring an additional 17,090 shares during the period.

Global X MLP ETF Price Performance

Shares of NYSEARCA:MLPA opened at $52.68 on Monday. The firm’s 50-day moving average is $51.17 and its two-hundred day moving average is $49.19. Global X MLP ETF has a 1 year low of $44.54 and a 1 year high of $54.53. The firm has a market capitalization of $1.78 billion, a PE ratio of 12.27 and a beta of 0.37.

Global X MLP ETF 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.