Ameritas Advisory Services LLC Takes $88,000 Position in Global X MLP ETF $MLPA

Ameritas Advisory Services LLC bought a new stake in Global X MLP ETF (NYSEARCA:MLPA) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,744 shares of the company’s stock, valued at approximately $88,000.

Other institutional investors have also modified their holdings of the company. Legend Financial Advisors Inc. acquired a new stake in shares of Global X MLP ETF in the second quarter valued at about $25,000. NBC Securities Inc. purchased a new stake in shares of Global X MLP ETF during the first quarter worth $34,000. CWM LLC purchased a new stake in shares of Global X MLP ETF during the first quarter worth $42,000. SouthState Corp purchased a new stake in shares of Global X MLP ETF during the first quarter worth $52,000. Finally, Register Financial Advisors LLC purchased a new stake in shares of Global X MLP ETF during the first quarter worth $74,000.

Global X MLP ETF Stock Down 1.9%

Global X MLP ETF stock opened at $46.39 on Friday. Global X MLP ETF has a 52-week low of $45.09 and a 52-week high of $54.53. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 14.42 and a beta of 1.40. The company has a fifty day simple moving average of $49.17 and a 200-day simple moving average of $49.74.

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.