Cetera Investment Advisers Purchases 13,998 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Cetera Investment Advisers boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 6.1% in the 4th quarter, Holdings Channel reports. The firm owned 242,349 shares of the company’s stock after buying an additional 13,998 shares during the period. Cetera Investment Advisers’ holdings in Global X MLP & Energy Infrastructure ETF were worth $14,677,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. A. D. Beadell Investment Counsel Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth $221,000. HBW Advisory Services LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 77.9% during the fourth quarter. HBW Advisory Services LLC now owns 18,051 shares of the company’s stock worth $1,093,000 after acquiring an additional 7,905 shares in the last quarter. Fiduciary Alliance LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 27.2% in the fourth quarter. Fiduciary Alliance LLC now owns 94,154 shares of the company’s stock worth $5,702,000 after acquiring an additional 20,138 shares during the last quarter. Brookstone Capital Management acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at approximately $220,000. Finally, Fortis Advisors LLC grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1.4% during the 4th quarter. Fortis Advisors LLC now owns 88,609 shares of the company’s stock valued at $5,366,000 after purchasing an additional 1,213 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA:MLPX opened at $59.88 on Friday. Global X MLP & Energy Infrastructure ETF has a one year low of $48.61 and a one year high of $67.47. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 18.31 and a beta of 0.96. The firm has a 50 day simple moving average of $60.82 and a 200 day simple moving average of $61.43.

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.