Comprehensive Financial Planning Inc. PA Invests $536,000 in Global X MLP ETF (NYSEARCA:MLPA)

Comprehensive Financial Planning Inc. PA acquired a new position in Global X MLP ETF (NYSEARCA:MLPA) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,838 shares of the company’s stock, valued at approximately $536,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MLPA. Paladin Wealth LLC purchased a new position in Global X MLP ETF in the 3rd quarter worth approximately $40,000. Capital Advisors Ltd. LLC grew its position in 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 acquiring an additional 524 shares in the last quarter. Hara Capital LLC bought a new position in Global X MLP ETF in the third quarter valued at $59,000. Heck Capital Advisors LLC purchased a new stake in Global X MLP ETF during the fourth quarter valued at about $61,000. Finally, Advisors Asset Management Inc. purchased a new stake in Global X MLP ETF during the third quarter valued at about $65,000.

Global X MLP ETF Trading Down 2.1 %

MLPA opened at $52.68 on Monday. The stock has a market capitalization of $1.78 billion, a P/E ratio of 12.27 and a beta of 0.37. The stock has a 50-day moving average price of $51.17 and a 200-day moving average price of $49.19. Global X MLP ETF has a 12-month low of $44.54 and a 12-month 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.