MBL Wealth LLC Has $6.17 Million Holdings in Global X MLP ETF $MLPA

MBL Wealth LLC boosted its stake in Global X MLP ETF (NYSEARCA:MLPA) by 5.3% in the second quarter, Holdings Channel reports. The firm owned 122,993 shares of the company’s stock after purchasing an additional 6,215 shares during the quarter. MBL Wealth LLC’s holdings in Global X MLP ETF were worth $6,174,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of MLPA. NBC Securities Inc. acquired a new position in Global X MLP ETF during the first quarter worth about $34,000. Sonora Investment Management Group LLC raised its stake in Global X MLP ETF by 18.3% during the first quarter. Sonora Investment Management Group LLC now owns 96,399 shares of the company’s stock worth $5,131,000 after acquiring an additional 14,920 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Global X MLP ETF by 12.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 212,275 shares of the company’s stock worth $11,299,000 after acquiring an additional 23,523 shares in the last quarter. Columbus Macro LLC raised its stake in Global X MLP ETF by 4.2% during the first quarter. Columbus Macro LLC now owns 260,561 shares of the company’s stock worth $13,870,000 after acquiring an additional 10,446 shares in the last quarter. Finally, Inscription Capital LLC acquired a new position in Global X MLP ETF during the first quarter worth about $891,000.

Global X MLP ETF Trading Down 0.2%

Shares of NYSEARCA MLPA opened at $48.12 on Friday. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 14.42 and a beta of 1.40. Global X MLP ETF has a 12 month low of $45.09 and a 12 month high of $54.53. The stock has a 50-day moving average price of $49.52 and a two-hundred day moving average price of $49.92.

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.