Foundations Investment Advisors LLC Has $12.32 Million Stock Holdings in Global X MLP ETF $MLPA

Foundations Investment Advisors LLC grew its stake in Global X MLP ETF (NYSEARCA:MLPA) by 4,705.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 254,505 shares of the company’s stock after purchasing an additional 249,209 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Global X MLP ETF were worth $12,321,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in MLPA. Goldman Sachs Group Inc. acquired a new position in shares of Global X MLP ETF in the 1st quarter valued at $761,000. Empowered Funds LLC acquired a new position in shares of Global X MLP ETF in the 1st quarter valued at $1,555,000. Cerity Partners LLC lifted its stake in shares of Global X MLP ETF by 17.1% in the 2nd quarter. Cerity Partners LLC now owns 41,365 shares of the company’s stock valued at $2,077,000 after purchasing an additional 6,033 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of Global X MLP ETF by 94.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,418 shares of the company’s stock valued at $523,000 after purchasing an additional 5,061 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of Global X MLP ETF by 8.5% in the 2nd quarter. NewEdge Advisors LLC now owns 89,230 shares of the company’s stock valued at $4,479,000 after purchasing an additional 7,010 shares during the period.

Global X MLP ETF Stock Down 0.4%

MLPA stock opened at $53.77 on Friday. The business’s fifty day moving average is $54.29 and its 200-day moving average is $51.81. The company has a market cap of $2.14 billion, a P/E ratio of 14.42 and a beta of 0.47. Global X MLP ETF has a twelve month low of $46.39 and a twelve month high of $56.53.

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.