CreativeOne Wealth LLC Raises Stake in Global X MLP ETF (NYSEARCA:MLPA)

CreativeOne Wealth LLC raised its stake in shares of Global X MLP ETF (NYSEARCA:MLPA) by 23.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,285 shares of the company’s stock after buying an additional 1,001 shares during the quarter. CreativeOne Wealth LLC’s holdings in Global X MLP ETF were worth $254,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rothschild Investment LLC purchased a new position in Global X MLP ETF during the second quarter valued at approximately $30,000. Paladin Wealth LLC bought a new position in Global X MLP ETF in the 3rd quarter valued at $40,000. Brown Financial Advisors purchased a new position in shares of Global X MLP ETF during the 2nd quarter valued at $43,000. Capital Advisors Ltd. LLC increased its holdings in shares of Global X MLP ETF by 94.4% in the third 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 period. Finally, Hara Capital LLC bought a new position in shares of Global X MLP ETF in the third quarter worth $59,000.

Global X MLP ETF Stock Performance

NYSEARCA:MLPA opened at $52.18 on Tuesday. Global X MLP ETF has a 52-week low of $43.40 and a 52-week high of $52.61. The stock has a fifty day moving average of $48.69 and a 200 day moving average of $48.09. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 12.27 and a beta of 0.37.

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.