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

Farther Finance Advisors LLC grew its holdings in Global X MLP ETF (NYSEARCA:MLPA) by 5,560.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,020 shares of the company’s stock after purchasing an additional 15,737 shares during the quarter. Farther Finance Advisors LLC’s holdings in Global X MLP ETF were worth $792,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in MLPA. Heck Capital Advisors LLC acquired a new stake in Global X MLP ETF in the 4th quarter valued at approximately $61,000. Advisors Asset Management Inc. bought a new position in Global X MLP ETF during the third quarter worth $65,000. Wilmington Savings Fund Society FSB bought a new position in Global X MLP ETF during the third quarter worth $80,000. Capital Advisors Ltd. LLC raised its stake in Global X MLP ETF by 54.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 1,666 shares of the company’s stock valued at $82,000 after purchasing an additional 587 shares during the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in Global X MLP ETF in the 4th quarter valued at $116,000.

Global X MLP ETF Stock Performance

NYSEARCA:MLPA opened at $52.68 on Friday. The firm’s 50-day moving average is $52.47 and its 200-day moving average is $50.08. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 14.59 and a beta of 1.29. Global X MLP ETF has a 52-week low of $45.28 and a 52-week high of $54.53.

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.