4,422 Shares in Global X MLP ETF (NYSEARCA:MLPA) Acquired by ProVise Management Group LLC

ProVise Management Group LLC bought a new position in Global X MLP ETF (NYSEARCA:MLPA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,422 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Endowment Wealth Management Inc. boosted its holdings in Global X MLP ETF by 2.2% in the fourth quarter. Endowment Wealth Management Inc. now owns 10,557 shares of the company’s stock worth $522,000 after purchasing an additional 226 shares during the last quarter. LVZ Inc. raised its position in Global X MLP ETF by 2.2% in the fourth quarter. LVZ Inc. now owns 10,882 shares of the company’s stock worth $538,000 after acquiring an additional 232 shares during the period. MONECO Advisors LLC raised its position in Global X MLP ETF by 3.9% in the fourth quarter. MONECO Advisors LLC now owns 7,535 shares of the company’s stock worth $372,000 after acquiring an additional 280 shares during the period. L.M. Kohn & Company raised its position in Global X MLP ETF by 6.6% in the fourth quarter. L.M. Kohn & Company now owns 4,845 shares of the company’s stock worth $239,000 after acquiring an additional 300 shares during the period. Finally, LGL Partners LLC raised its position in Global X MLP ETF by 1.9% in the fourth quarter. LGL Partners LLC now owns 16,276 shares of the company’s stock worth $804,000 after acquiring an additional 302 shares during the period.

Global X MLP ETF Trading Up 0.4 %

MLPA opened at $53.84 on Thursday. Global X MLP ETF has a 1-year low of $45.28 and a 1-year high of $54.53. The company has a market capitalization of $1.88 billion, a PE ratio of 14.59 and a beta of 1.29. The firm’s 50 day simple moving average is $52.69 and its two-hundred day simple moving average is $50.21.

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.