Advisory Services Network LLC Buys Shares of 20,899 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Advisory Services Network LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 20,899 shares of the company’s stock, valued at approximately $1,266,000. Advisory Services Network LLC owned approximately 0.07% of Global X MLP & Energy Infrastructure ETF at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MLPX. Bank of Montreal Can lifted its stake in Global X MLP & Energy Infrastructure ETF by 25,926.3% during the fourth quarter. Bank of Montreal Can now owns 281,084 shares of the company’s stock valued at $17,022,000 after purchasing an additional 280,004 shares during the last quarter. Perennial Investment Advisors LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at $277,000. Oarsman Capital Inc. boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 244.5% during the 4th quarter. Oarsman Capital Inc. now owns 26,328 shares of the company’s stock worth $1,594,000 after acquiring an additional 18,686 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 8.2% in the 4th quarter. Wells Fargo & Company MN now owns 691,893 shares of the company’s stock worth $41,901,000 after acquiring an additional 52,486 shares during the last quarter. Finally, Disciplined Investors L.L.C. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter worth $409,000.

Global X MLP & Energy Infrastructure ETF Trading Up 2.5 %

NYSEARCA MLPX opened at $58.01 on Friday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $46.69 and a 1 year high of $67.47. The stock’s 50-day moving average price is $61.71 and its two-hundred day moving average price is $60.91. The company has a market cap of $2.52 billion, a PE ratio of 19.62 and a beta of 0.96.

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.