Sonora Investment Management Group LLC Boosts Stake in Global X MLP ETF $MLPA

Sonora Investment Management Group LLC grew its position in Global X MLP ETF (NYSEARCA:MLPA) by 8.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,453 shares of the company’s stock after buying an additional 8,054 shares during the quarter. Sonora Investment Management Group LLC owned 0.29% of Global X MLP ETF worth $5,244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of MLPA. Legend Financial Advisors Inc. acquired a new position in Global X MLP ETF during the 2nd quarter worth $25,000. NBC Securities Inc. purchased a new stake in shares of Global X MLP ETF in the 1st quarter valued at about $34,000. CWM LLC purchased a new stake in shares of Global X MLP ETF in the 1st quarter valued at about $42,000. SouthState Corp purchased a new stake in Global X MLP ETF during the 1st quarter valued at approximately $52,000. Finally, Register Financial Advisors LLC purchased a new stake in Global X MLP ETF during the 1st quarter valued at approximately $74,000.

Global X MLP ETF Stock Up 0.5%

MLPA opened at $49.28 on Friday. The business has a 50 day moving average price of $49.70 and a two-hundred day moving average price of $50.08. The company has a market cap of $1.77 billion, a PE ratio of 14.42 and a beta of 1.40. Global X MLP ETF has a 52 week low of $45.09 and a 52 week high of $54.53.

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.