7,564 Shares in Global X MLP ETF (NYSEARCA:MLPA) Purchased by Worth Asset Management LLC

Worth Asset Management LLC bought a new stake in shares of Global X MLP ETF (NYSEARCA:MLPA) during the fourth quarter, Holdings Channel reports. The fund bought 7,564 shares of the company’s stock, valued at approximately $374,000.

Several other large investors have also modified their holdings of MLPA. Friedenthal Financial increased its holdings in Global X MLP ETF by 2.1% during the third quarter. Friedenthal Financial now owns 12,060 shares of the company’s stock valued at $579,000 after buying an additional 251 shares during the period. MONECO Advisors LLC increased its holdings in shares of Global X MLP ETF by 3.7% in the 3rd quarter. MONECO Advisors LLC now owns 7,255 shares of the company’s stock valued at $348,000 after acquiring an additional 261 shares during the period. Wiser Advisor Group LLC raised its position in shares of Global X MLP ETF by 3.0% in the 3rd quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock worth $608,000 after acquiring an additional 373 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Global X MLP ETF by 4.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,835 shares of the company’s stock worth $622,000 after acquiring an additional 523 shares in the last quarter. Finally, Capital Advisors Ltd. LLC lifted its stake in shares of Global X MLP ETF by 94.4% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock worth $52,000 after purchasing an additional 524 shares during the last quarter.

Global X MLP ETF Stock Performance

MLPA traded up $0.44 on Wednesday, hitting $50.27. The company had a trading volume of 145,269 shares, compared to its average volume of 96,301. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37. The stock has a fifty day moving average price of $49.62 and a 200-day moving average price of $48.61. Global X MLP ETF has a 12-month low of $44.06 and a 12-month high of $52.61.

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.