Farther Finance Advisors LLC Acquires 15,737 Shares of Global X MLP ETF (NYSEARCA:MLPA)

Farther Finance Advisors LLC raised its stake in Global X MLP ETF (NYSEARCA:MLPA) by 5,560.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,020 shares of the company’s stock after acquiring an additional 15,737 shares during the period. Farther Finance Advisors LLC’s holdings in Global X MLP ETF were worth $792,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Advisors Asset Management Inc. bought a new stake in shares of Global X MLP ETF in the third quarter valued at about $65,000. Nwam LLC acquired a new stake in shares of Global X MLP ETF in the third quarter valued at approximately $312,000. Pekin Hardy Strauss Inc. lifted its position in shares of Global X MLP ETF by 1.5% in the third quarter. Pekin Hardy Strauss Inc. now owns 60,114 shares of the company’s stock worth $2,884,000 after purchasing an additional 902 shares in the last quarter. Wiser Advisor Group LLC boosted its holdings in Global X MLP ETF by 3.0% during the third quarter. Wiser Advisor Group LLC now owns 12,669 shares of the company’s stock worth $608,000 after purchasing an additional 373 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its position in Global X MLP ETF by 23.4% in the third quarter. CreativeOne Wealth LLC now owns 5,285 shares of the company’s stock valued at $254,000 after purchasing an additional 1,001 shares in the last quarter.

Global X MLP ETF Price Performance

Shares of NYSEARCA:MLPA opened at $52.68 on Friday. The company’s 50-day moving average price is $52.47 and its two-hundred day moving average price is $50.08. Global X MLP ETF has a one year low of $45.28 and a one year high of $54.53. The stock has a market capitalization of $1.84 billion, a PE ratio of 14.59 and a beta of 1.29.

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.