Wiser Advisor Group LLC Buys 373 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Wiser Advisor Group LLC grew its stake in Global X MLP ETF (NYSEARCA:MLPA) by 3.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 12,669 shares of the company’s stock after buying an additional 373 shares during the quarter. Global X MLP ETF makes up approximately 0.9% of Wiser Advisor Group LLC’s portfolio, making the stock its 28th biggest position. Wiser Advisor Group LLC’s holdings in Global X MLP ETF were worth $608,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in MLPA. Cetera Investment Advisers lifted its holdings in shares of Global X MLP ETF by 44.0% in the 1st quarter. Cetera Investment Advisers now owns 295,725 shares of the company’s stock worth $14,260,000 after acquiring an additional 90,297 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its stake in Global X MLP ETF by 9.9% in the second quarter. Pekin Hardy Strauss Inc. now owns 59,212 shares of the company’s stock worth $2,872,000 after purchasing an additional 5,325 shares during the last quarter. Evergreen Capital Management LLC purchased a new stake in Global X MLP ETF during the second quarter valued at about $23,028,000. Strong Tower Advisory Services boosted its position in Global X MLP ETF by 383.6% during the third quarter. Strong Tower Advisory Services now owns 36,420 shares of the company’s stock valued at $1,747,000 after buying an additional 28,889 shares during the period. Finally, Financial Advocates Investment Management increased its holdings in shares of Global X MLP ETF by 4.1% in the second quarter. Financial Advocates Investment Management now owns 17,027 shares of the company’s stock worth $826,000 after buying an additional 673 shares during the period.

Global X MLP ETF Stock Up 0.1 %

Shares of NYSEARCA MLPA traded up $0.07 during midday trading on Monday, reaching $50.96. The company had a trading volume of 15,805 shares, compared to its average volume of 120,987. The firm’s fifty day moving average price is $48.28 and its 200-day moving average price is $47.91. Global X MLP ETF has a one year low of $43.40 and a one year high of $51.06. The stock has a market cap of $1.72 billion, a PE ratio of 12.27 and a beta of 0.37.

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.