Global X MLP ETF $MLPA Shares Newly Acquired by Demars Financial Group LLC

Demars Financial Group LLC purchased a new stake in Global X MLP ETF (NYSEARCA:MLPA) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 31,057 shares of the company’s stock, valued at approximately $1,653,000.

Several other hedge funds have also recently modified their holdings of the business. Kraft Davis & Associates LLC bought a new position in shares of Global X MLP ETF during the third quarter valued at approximately $310,000. Sowell Financial Services LLC bought a new position in Global X MLP ETF in the third quarter worth approximately $528,000. IFP Advisors Inc raised its stake in Global X MLP ETF by 3.4% in the third quarter. IFP Advisors Inc now owns 7,899 shares of the company’s stock worth $421,000 after buying an additional 262 shares in the last quarter. Alpine Bank Wealth Management bought a new position in Global X MLP ETF in the third quarter worth approximately $1,207,000. Finally, Eagle Strategies LLC bought a new position in Global X MLP ETF in the third quarter worth approximately $326,000.

Global X MLP ETF Stock Down 0.4%

Global X MLP ETF stock opened at $53.79 on Friday. The business has a fifty day moving average of $55.58 and a two-hundred day moving average of $54.80. The firm has a market cap of $2.36 billion, a P/E ratio of 14.42 and a beta of 0.49. Global X MLP ETF has a twelve month low of $47.01 and a twelve month high of $58.00.

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.