21,991 Shares in Global X MLP ETF $MLPA Bought by Independent Financial Group LLC

Independent Financial Group LLC bought a new stake in Global X MLP ETF (NYSEARCA:MLPA) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 21,991 shares of the company’s stock, valued at approximately $1,185,000. Independent Financial Group LLC owned 0.06% of Global X MLP ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MLPA. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Global X MLP ETF in the first quarter worth $102,000. NBC Securities Inc. boosted its stake in Global X MLP ETF by 9.7% during the 4th quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock valued at $130,000 after acquiring an additional 238 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Global X MLP ETF by 541.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock worth $143,000 after acquiring an additional 2,496 shares in the last quarter. Newbridge Financial Services Group Inc. grew its holdings in Global X MLP ETF by 1,461.2% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,060 shares of the company’s stock worth $148,000 after acquiring an additional 2,864 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Global X MLP ETF by 367.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,397 shares of the company’s stock worth $213,000 after purchasing an additional 3,456 shares during the last quarter.

Global X MLP ETF Stock Up 0.7%

Shares of Global X MLP ETF stock opened at $55.77 on Tuesday. The business has a 50-day moving average price of $54.06 and a 200 day moving average price of $53.16. Global X MLP ETF has a fifty-two week low of $46.39 and a fifty-two week high of $56.53. The firm has a market cap of $2.25 billion, a P/E ratio of 14.42 and a beta of 0.45.

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.