LPL Financial LLC Purchases 230,052 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

LPL Financial LLC raised its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 26.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,095,827 shares of the company’s stock after purchasing an additional 230,052 shares during the quarter. LPL Financial LLC owned 3.89% of Global X MLP & Energy Infrastructure ETF worth $66,363,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MLPX. Sanctuary Advisors LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 39.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 5,908 shares of the company’s stock worth $322,000 after buying an additional 1,660 shares during the period. FMR LLC raised its position in Global X MLP & Energy Infrastructure ETF by 8.5% during the 3rd quarter. FMR LLC now owns 3,676 shares of the company’s stock worth $200,000 after purchasing an additional 288 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Global X MLP & Energy Infrastructure ETF by 35.4% during the 3rd quarter. HighTower Advisors LLC now owns 7,406 shares of the company’s stock worth $407,000 after buying an additional 1,938 shares during the period. Brookstone Capital Management bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at about $220,000. Finally, Private Advisor Group LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 4.0% in the fourth quarter. Private Advisor Group LLC now owns 7,894 shares of the company’s stock valued at $478,000 after buying an additional 304 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Performance

Global X MLP & Energy Infrastructure ETF stock opened at $64.68 on Thursday. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 18.91 and a beta of 1.25. Global X MLP & Energy Infrastructure ETF has a 52-week low of $46.69 and a 52-week high of $67.47. The firm has a 50 day moving average price of $63.06 and a two-hundred day moving average price of $60.39.

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.