Wealth Enhancement Advisory Services LLC Increases Stock Holdings in Global X MLP ETF $MLPA

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 8.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,080 shares of the company’s stock after buying an additional 17,228 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.61% of Global X MLP ETF worth $10,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Friedenthal Financial increased its holdings in shares of Global X MLP ETF by 2.3% during the third quarter. Friedenthal Financial now owns 11,600 shares of the company’s stock valued at $562,000 after acquiring an additional 262 shares in the last quarter. Private Trust Co. NA lifted its stake in shares of Global X MLP ETF by 39.2% during the third quarter. Private Trust Co. NA now owns 1,066 shares of the company’s stock worth $52,000 after buying an additional 300 shares during the period. LGL Partners LLC grew its holdings in shares of Global X MLP ETF by 1.9% during the second quarter. LGL Partners LLC now owns 16,876 shares of the company’s stock valued at $834,000 after buying an additional 310 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of Global X MLP ETF by 8.1% in the 2nd quarter. CreativeOne Wealth LLC now owns 5,014 shares of the company’s stock valued at $252,000 after acquiring an additional 377 shares during the period. Finally, Pekin Hardy Strauss Inc. increased its position in shares of Global X MLP ETF by 0.6% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 64,854 shares of the company’s stock valued at $3,256,000 after acquiring an additional 390 shares during the period.

Global X MLP ETF Stock Performance

Shares of MLPA opened at $50.62 on Friday. The stock has a 50-day moving average of $48.96 and a two-hundred day moving average of $49.03. The stock has a market cap of $1.97 billion, a P/E ratio of 14.42 and a beta of 0.64. Global X MLP ETF has a one year low of $45.09 and a one year high of $54.53.

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.