MML Investors Services LLC Grows Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

MML Investors Services LLC grew its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 21.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 77,559 shares of the company’s stock after buying an additional 13,547 shares during the period. MML Investors Services LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $4,222,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MLPX. Evergreen Capital Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth $22,083,000. Icon Wealth Advisors LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at about $6,025,000. Envestnet Asset Management Inc. raised its stake in shares of 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 purchasing an additional 82,703 shares during the last quarter. Riggs Asset Managment Co. Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth about $2,605,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Global X MLP & Energy Infrastructure ETF by 86.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 96,289 shares of the company’s stock valued at $4,916,000 after buying an additional 44,616 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Down 0.6 %

Shares of NYSEARCA:MLPX opened at $60.93 on Friday. Global X MLP & Energy Infrastructure ETF has a twelve month low of $43.12 and a twelve month high of $64.72. The company’s 50 day moving average is $59.70 and its 200 day moving average is $54.74. The company has a market cap of $1.72 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.