Global X MLP & Energy Infrastructure ETF $MLPX Position Increased by HBW Advisory Services LLC

HBW Advisory Services LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 52.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,485 shares of the company’s stock after acquiring an additional 12,507 shares during the period. HBW Advisory Services LLC owned about 0.09% of Global X MLP & Energy Infrastructure ETF worth $2,286,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the first quarter worth $217,000. Nova Wealth Management Inc. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the first quarter worth $186,000. Geneos Wealth Management Inc. bought a new position in Global X MLP & Energy Infrastructure ETF during the first quarter valued at about $441,000. Belpointe Asset Management LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the first quarter valued at about $1,947,000. Finally, Advisory Alpha LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 11,228.3% during the first quarter. Advisory Alpha LLC now owns 380,177 shares of the company’s stock valued at $24,259,000 after buying an additional 376,821 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

NYSEARCA MLPX opened at $61.30 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $53.53 and a fifty-two week high of $67.47. The stock’s 50-day moving average is $60.94 and its two-hundred day moving average is $61.07. The firm has a market cap of $2.60 billion, a P/E ratio of 19.10 and a beta of 1.30.

Global X MLP & Energy Infrastructure ETF 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.