Ashton Thomas Private Wealth LLC Acquires 5,200 Shares of Global X MLP ETF $MLPA

Ashton Thomas Private Wealth LLC increased its position in Global X MLP ETF (NYSEARCA:MLPA) by 7.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,526 shares of the company’s stock after acquiring an additional 5,200 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Global X MLP ETF were worth $3,892,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of MLPA. LPL Financial LLC grew its position in Global X MLP ETF by 15.9% in the 1st quarter. LPL Financial LLC now owns 885,205 shares of the company’s stock worth $47,119,000 after purchasing an additional 121,466 shares during the last quarter. Raymond James Financial Inc. boosted its position in Global X MLP ETF by 9.7% in the first quarter. Raymond James Financial Inc. now owns 751,173 shares of the company’s stock valued at $39,985,000 after buying an additional 66,168 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Global X MLP ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 494,993 shares of the company’s stock valued at $24,849,000 after buying an additional 17,433 shares in the last quarter. Gradient Investments LLC boosted its position in Global X MLP ETF by 1.1% in the second quarter. Gradient Investments LLC now owns 435,103 shares of the company’s stock valued at $21,842,000 after buying an additional 4,751 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in Global X MLP ETF by 4.0% in the first quarter. Cetera Investment Advisers now owns 374,434 shares of the company’s stock valued at $19,931,000 after buying an additional 14,299 shares in the last quarter.

Global X MLP ETF Trading Up 0.7%

Shares of MLPA stock opened at $48.39 on Tuesday. Global X MLP ETF has a 1 year low of $45.09 and a 1 year high of $54.53. The firm’s 50 day moving average is $48.69 and its 200-day moving average is $49.48. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 14.42 and a beta of 0.64.

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.