HBW Advisory Services LLC Buys 7,905 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

HBW Advisory Services LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 77.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,051 shares of the company’s stock after buying an additional 7,905 shares during the quarter. HBW Advisory Services LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,093,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MLPX. Resurgent Financial Advisors LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 1.1% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 15,744 shares of the company’s stock worth $857,000 after acquiring an additional 168 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 1.5% in the third quarter. Rockefeller Capital Management L.P. now owns 14,121 shares of the company’s stock worth $769,000 after purchasing an additional 202 shares during the last quarter. FMR LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 8.5% during the third quarter. FMR LLC now owns 3,676 shares of the company’s stock valued at $200,000 after purchasing an additional 288 shares in the last quarter. Prospera Financial Services Inc boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 1.2% during the third quarter. Prospera Financial Services Inc now owns 33,271 shares of the company’s stock valued at $1,812,000 after buying an additional 386 shares during the last quarter. Finally, Glassy Mountain Advisors Inc. increased its holdings in Global X MLP & Energy Infrastructure ETF by 0.7% in the 3rd quarter. Glassy Mountain Advisors Inc. now owns 58,681 shares of the company’s stock worth $3,194,000 after buying an additional 414 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA:MLPX opened at $62.20 on Friday. The business has a 50-day simple moving average of $61.31 and a two-hundred day simple moving average of $56.36. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $43.12 and a fifty-two 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.