Foundations Investment Advisors LLC Acquires 249,209 Shares of Global X MLP ETF $MLPA

Foundations Investment Advisors LLC increased its holdings in shares of Global X MLP ETF (NYSEARCA:MLPA) by 4,705.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,505 shares of the company’s stock after acquiring an additional 249,209 shares during the period. Foundations Investment Advisors LLC owned about 0.65% of Global X MLP ETF worth $12,321,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Goldman Sachs Group Inc. acquired a new position in Global X MLP ETF during the 1st quarter worth $761,000. Empowered Funds LLC acquired a new position in Global X MLP ETF during the 1st quarter worth $1,555,000. Cerity Partners LLC lifted its holdings in Global X MLP ETF by 17.1% during the 2nd quarter. Cerity Partners LLC now owns 41,365 shares of the company’s stock worth $2,077,000 after buying an additional 6,033 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in Global X MLP ETF by 94.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 10,418 shares of the company’s stock worth $523,000 after buying an additional 5,061 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Global X MLP ETF by 8.5% during the 2nd quarter. NewEdge Advisors LLC now owns 89,230 shares of the company’s stock worth $4,479,000 after buying an additional 7,010 shares in the last quarter.

Global X MLP ETF Stock Performance

NYSEARCA:MLPA opened at $53.77 on Friday. The stock’s fifty day moving average price is $54.29 and its two-hundred day moving average price is $51.81. Global X MLP ETF has a 52-week low of $46.39 and a 52-week high of $56.53. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 14.42 and a beta of 0.47.

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.