Hara Capital LLC Makes New Investment in Global X MLP ETF (NYSEARCA:MLPA)

Hara Capital LLC bought a new position in Global X MLP ETF (NYSEARCA:MLPA) in the third quarter, HoldingsChannel reports. The institutional investor bought 1,230 shares of the company’s stock, valued at approximately $59,000.

Other large investors also recently modified their holdings of the company. Rothschild Investment LLC bought a new stake in shares of Global X MLP ETF in the second quarter worth $30,000. Paladin Wealth LLC bought a new stake in shares of Global X MLP ETF in the third quarter worth $40,000. Brown Financial Advisors bought a new stake in shares of Global X MLP ETF in the second quarter worth $43,000. Capital Advisors Ltd. LLC lifted its position in Global X MLP ETF by 94.4% during the third quarter. Capital Advisors Ltd. LLC now owns 1,079 shares of the company’s stock valued at $52,000 after purchasing an additional 524 shares in the last quarter. Finally, Triad Wealth Partners LLC purchased a new position in Global X MLP ETF during the second quarter valued at $63,000.

Global X MLP ETF Stock Performance

NYSEARCA MLPA opened at $48.56 on Friday. The company has a market capitalization of $1.64 billion, a PE ratio of 12.27 and a beta of 0.37. The business’s fifty day moving average is $47.95 and its 200 day moving average is $47.82. Global X MLP ETF has a fifty-two week low of $43.40 and a fifty-two week high of $50.10.

Global X MLP ETF 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.