Kestra Advisory Services LLC Boosts Holdings in Global X MLP ETF $MLPA

Kestra Advisory Services LLC increased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 164.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,322 shares of the company’s stock after buying an additional 9,532 shares during the period. Kestra Advisory Services LLC’s holdings in Global X MLP ETF were worth $825,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Global X MLP ETF during the first quarter worth $102,000. NBC Securities Inc. boosted its holdings in Global X MLP ETF by 9.7% in the fourth quarter. NBC Securities Inc. now owns 2,683 shares of the company’s stock valued at $130,000 after purchasing an additional 238 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Global X MLP ETF by 541.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,957 shares of the company’s stock valued at $143,000 after purchasing an additional 2,496 shares during the period. Newbridge Financial Services Group Inc. grew its stake 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 purchasing an additional 2,864 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Global X MLP ETF by 367.3% during 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 in the last quarter.

Global X MLP ETF Price Performance

Shares of NYSEARCA MLPA opened at $56.36 on Friday. The stock’s 50-day moving average is $54.16 and its two-hundred day moving average is $53.34. Global X MLP ETF has a 1-year low of $46.39 and a 1-year high of $56.88. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 14.42 and a beta of 0.45.

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.