HBW Advisory Services LLC Boosts Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

HBW Advisory Services LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 77.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,051 shares of the company’s stock after acquiring an additional 7,905 shares during the quarter. HBW Advisory Services LLC owned approximately 0.06% of Global X MLP & Energy Infrastructure ETF worth $1,093,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MLPX. Evergreen Capital Management LLC bought a new position in Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth $22,083,000. Envestnet Asset Management Inc. raised its stake in Global X MLP & Energy Infrastructure ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after buying an additional 82,703 shares in the last quarter. Annandale Capital LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 4.1% in the second quarter. Annandale Capital LLC now owns 302,549 shares of the company’s stock worth $15,445,000 after buying an additional 11,879 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Global X MLP & Energy Infrastructure ETF by 8.2% in the second quarter. Cetera Investment Advisers now owns 224,248 shares of the company’s stock worth $11,448,000 after buying an additional 16,951 shares during the period. Finally, Stifel Financial Corp boosted its position in Global X MLP & Energy Infrastructure ETF by 1.2% during the 3rd quarter. Stifel Financial Corp now owns 222,640 shares of the company’s stock valued at $12,118,000 after acquiring an additional 2,725 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA:MLPX opened at $62.20 on Friday. The firm has a market capitalization of $1.75 billion, a P/E ratio of 18.89 and a beta of 0.54. The stock has a 50 day moving average price of $61.31 and a 200-day moving average price of $56.36. Global X MLP & Energy Infrastructure ETF has a 52-week low of $43.12 and a 52-week high of $64.72.

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.