International Assets Investment Management LLC Makes New Investment in Global X MLP ETF (NYSEARCA:MLPA)

International Assets Investment Management LLC acquired a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,721 shares of the company’s stock, valued at approximately $165,000.

Several other large investors have also recently modified their holdings of MLPA. Creative Financial Designs Inc. ADV raised its holdings in Global X MLP ETF by 87.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,720 shares of the company’s stock valued at $120,000 after buying an additional 1,268 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of Global X MLP ETF by 28.6% during the third quarter. Blair William & Co. IL now owns 3,358 shares of the company’s stock worth $150,000 after purchasing an additional 746 shares during the period. NBC Securities Inc. bought a new stake in shares of Global X MLP ETF in the third quarter worth about $221,000. Allen Mooney & Barnes Investment Advisors LLC bought a new stake in shares of Global X MLP ETF in the third quarter worth about $223,000. Finally, Eagle Strategies LLC increased its holdings in Global X MLP ETF by 5.5% during the 3rd quarter. Eagle Strategies LLC now owns 5,321 shares of the company’s stock valued at $237,000 after purchasing an additional 279 shares during the period.

Global X MLP ETF Stock Performance

NYSEARCA MLPA opened at $48.33 on Monday. The stock has a market cap of $1.62 billion, a P/E ratio of 12.10 and a beta of 0.38. Global X MLP ETF has a fifty-two week low of $40.22 and a fifty-two week high of $49.25. The stock has a 50 day simple moving average of $47.51 and a two-hundred day simple moving average of $45.82.

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.