Legacy Wealth Asset Management LLC Purchases New Position in Global X MLP ETF $MLPA

Legacy Wealth Asset Management LLC acquired a new position in Global X MLP ETF (NYSEARCA:MLPA) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 228,004 shares of the company’s stock, valued at approximately $12,139,000. Global X MLP ETF comprises approximately 2.6% of Legacy Wealth Asset Management LLC’s holdings, making the stock its 2nd biggest position. Legacy Wealth Asset Management LLC owned about 0.54% of Global X MLP ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Field & Main Bank acquired a new position in shares of Global X MLP ETF during the 2nd quarter worth about $99,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Global X MLP ETF in the first quarter worth $102,000. NBH Bank acquired a new stake in Global X MLP ETF in the 2nd quarter worth $119,000. Stillwater Private Wealth LLC acquired a new stake in Global X MLP ETF in the 1st quarter worth $200,000. Finally, LifeGoal Investments LLC acquired a new position in shares of Global X MLP ETF during the second quarter valued at about $214,000.

Global X MLP ETF Stock Performance

NYSEARCA MLPA opened at $54.27 on Friday. Global X MLP ETF has a twelve month low of $46.39 and a twelve month high of $58.00. The stock has a market cap of $2.29 billion, a PE ratio of 14.42 and a beta of 0.49. The firm has a 50-day simple moving average of $56.02 and a 200 day simple moving average of $54.84.

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.