Oregon Pacific Wealth Management LLC Invests $557,000 in Global X MLP ETF $MLPA

Oregon Pacific Wealth Management LLC bought a new stake in Global X MLP ETF (NYSEARCA:MLPA) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,345 shares of the company’s stock, valued at approximately $557,000.

A number of other large investors have also added to or reduced their stakes in the company. Asset Allocation Strategies LLC increased its stake in Global X MLP ETF by 23.7% during the 1st quarter. Asset Allocation Strategies LLC now owns 33,941 shares of the company’s stock worth $1,828,000 after buying an additional 6,494 shares during the period. Wiser Advisor Group LLC boosted its position in Global X MLP ETF by 38.3% in the 1st quarter. Wiser Advisor Group LLC now owns 36,009 shares of the company’s stock valued at $1,940,000 after buying an additional 9,973 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of Global X MLP ETF during the first quarter valued at about $282,000. Columbus Macro LLC grew its stake in shares of Global X MLP ETF by 4.2% during the first quarter. Columbus Macro LLC now owns 172,567 shares of the company’s stock valued at $9,296,000 after acquiring an additional 6,961 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of Global X MLP ETF during the first quarter worth about $322,000.

Global X MLP ETF Stock Performance

NYSEARCA:MLPA opened at $52.87 on Monday. Global X MLP ETF has a one year low of $46.39 and a one year high of $56.53. The business’s 50-day simple moving average is $53.93 and its 200 day simple moving average is $52.50. The stock has a market cap of $2.10 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.