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

Demars Financial Group LLC acquired a new stake in Global X MLP ETF (NYSEARCA:MLPA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 31,057 shares of the company’s stock, valued at approximately $1,653,000. Demars Financial Group LLC owned 0.07% of Global X MLP ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in MLPA. Gradient Investments LLC increased its position in shares of Global X MLP ETF by 3.4% during the second quarter. Gradient Investments LLC now owns 436,144 shares of the company’s stock worth $23,151,000 after acquiring an additional 14,343 shares during the period. Royal Bank of Canada boosted its holdings in shares of Global X MLP ETF by 7.2% in the first quarter. Royal Bank of Canada now owns 403,392 shares of the company’s stock valued at $21,733,000 after purchasing an additional 26,983 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Global X MLP ETF by 2.3% in the first quarter. Cetera Investment Advisers now owns 321,927 shares of the company’s stock valued at $17,342,000 after purchasing an additional 7,370 shares during the period. Legacy Wealth Asset Management LLC bought a new position in Global X MLP ETF in the third quarter worth approximately $12,139,000. Finally, Barry Investment Advisors LLC grew its stake in Global X MLP ETF by 0.3% in the first quarter. Barry Investment Advisors LLC now owns 205,014 shares of the company’s stock worth $11,044,000 after purchasing an additional 590 shares in the last quarter.

Global X MLP ETF Stock Down 0.4%

MLPA opened at $53.79 on Friday. The stock’s fifty day moving average is $55.58 and its two-hundred day moving average is $54.80. The company has a market capitalization of $2.36 billion, a P/E ratio of 14.42 and a beta of 0.49. Global X MLP ETF has a 52 week low of $47.01 and a 52 week high of $58.00.

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.