Sonora Investment Management Group LLC Increases Stake in Global X MLP ETF $MLPA
by Tristan Rich · The Markets DailySonora Investment Management Group LLC increased its stake in Global X MLP ETF (NYSEARCA:MLPA – Free Report) by 12.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,624 shares of the company’s stock after purchasing an additional 13,171 shares during the period. Sonora Investment Management Group LLC owned 0.32% of Global X MLP ETF worth $5,695,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. LGL Partners LLC raised its holdings in shares of Global X MLP ETF by 1.8% in the first quarter. LGL Partners LLC now owns 16,566 shares of the company’s stock worth $882,000 after buying an additional 290 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of Global X MLP ETF by 8.1% in the 2nd quarter. CreativeOne Wealth LLC now owns 5,014 shares of the company’s stock valued at $252,000 after acquiring an additional 377 shares during the period. Pekin Hardy Strauss Inc. raised its stake in Global X MLP ETF by 0.6% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 64,854 shares of the company’s stock worth $3,256,000 after acquiring an additional 390 shares during the last quarter. Blair William & Co. IL lifted its position in Global X MLP ETF by 1.6% during the 2nd quarter. Blair William & Co. IL now owns 28,210 shares of the company’s stock worth $1,416,000 after acquiring an additional 436 shares during the period. Finally, Legend Financial Advisors Inc. purchased a new stake in Global X MLP ETF during the 2nd quarter valued at about $25,000.
Global X MLP ETF Stock Performance
Shares of MLPA stock opened at $48.04 on Wednesday. Global X MLP ETF has a fifty-two week low of $45.09 and a fifty-two week high of $54.53. The firm has a market capitalization of $1.80 billion, a PE ratio of 14.42 and a beta of 0.64. The stock’s 50-day simple moving average is $48.20 and its 200-day simple moving average is $49.21.
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.
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