Private Advisor Group LLC Raises Holdings in Global X MLP & Energy Infrastructure ETF $MLPX

Private Advisor Group LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 178.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 38,219 shares of the company’s stock after acquiring an additional 24,508 shares during the quarter. Private Advisor Group LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,826,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Purpose Unlimited Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at about $27,000. Private Wealth Asset Management LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth about $30,000. Simplex Trading LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 247.9% in the fourth quarter. Simplex Trading LLC now owns 508 shares of the company’s stock worth $31,000 after purchasing an additional 362 shares in the last quarter. Clearstead Advisors LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter worth about $49,000. Finally, IFP Advisors Inc raised its position in shares of Global X MLP & Energy Infrastructure ETF by 26.4% in the fourth quarter. IFP Advisors Inc now owns 938 shares of the company’s stock valued at $57,000 after purchasing an additional 196 shares during the period.

Global X MLP & Energy Infrastructure ETF Trading Down 0.7%

Shares of MLPX stock opened at $75.14 on Friday. The stock has a market capitalization of $3.55 billion, a P/E ratio of 19.10 and a beta of 0.57. The firm’s 50 day moving average is $74.16 and its 200 day moving average is $70.26. Global X MLP & Energy Infrastructure ETF has a 12 month low of $57.66 and a 12 month high of $78.36.

Global X MLP & Energy Infrastructure ETF Company Profile

The Global X MLP & Energy Infrastructure ETF (MLPX) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of MLPs and companies engaged in energy infrastructure. The ETF is structured as an open-ended fund. MLPX was launched on Aug 7, 2013 and is managed by Global X.