Global X MLP & Energy Infrastructure ETF $MLPX Shares Purchased by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 38.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 16,056 shares of the company’s stock after acquiring an additional 4,485 shares during the period. Collaborative Wealth Managment Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,006,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of MLPX. Briaud Financial Planning Inc grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1,270.6% during the second quarter. Briaud Financial Planning Inc now owns 466 shares of the company’s stock valued at $29,000 after buying an additional 432 shares during the last quarter. NorthRock Partners LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 1st quarter worth $38,000. IFP Advisors Inc lifted its position in Global X MLP & Energy Infrastructure ETF by 35.5% during the 2nd quarter. IFP Advisors Inc now owns 722 shares of the company’s stock worth $45,000 after acquiring an additional 189 shares during the period. First Horizon Advisors Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at about $57,000. Finally, Cullen Frost Bankers Inc. grew its stake in Global X MLP & Energy Infrastructure ETF by 81.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 929 shares of the company’s stock valued at $59,000 after purchasing an additional 416 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 1.5%

Shares of NYSEARCA:MLPX opened at $60.38 on Friday. Global X MLP & Energy Infrastructure ETF has a 52-week low of $53.54 and a 52-week high of $67.47. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79. The business has a 50-day moving average price of $60.32 and a 200-day moving average price of $60.82.

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.