Stratos Wealth Advisors LLC Increases Stock Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Stratos Wealth Advisors LLC lifted its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 83.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 128,037 shares of the company’s stock after acquiring an additional 58,080 shares during the period. Stratos Wealth Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $7,754,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Stratos Wealth Partners LTD. raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 30.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 18,525 shares of the company’s stock valued at $1,122,000 after buying an additional 4,370 shares during the period. Wealthspan Partners LLC increased its holdings in Global X MLP & Energy Infrastructure ETF by 63.6% during the 4th quarter. Wealthspan Partners LLC now owns 16,227 shares of the company’s stock worth $983,000 after purchasing an additional 6,311 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in Global X MLP & Energy Infrastructure ETF by 2.1% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 54,733 shares of the company’s stock worth $3,297,000 after purchasing an additional 1,148 shares during the last quarter. Sonora Investment Management Group LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $245,000. Finally, Fifth Third Securities Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $899,000.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX stock opened at $63.49 on Wednesday. Global X MLP & Energy Infrastructure ETF has a 52-week low of $43.12 and a 52-week high of $67.47. The stock’s 50 day moving average is $62.44 and its two-hundred day moving average is $57.90. The company has a market capitalization of $1.79 billion, a PE ratio of 18.89 and a beta of 0.54.

About Global X MLP & Energy Infrastructure ETF

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.