Financial Partners Group Inc Boosts Stock Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Financial Partners Group Inc lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 5.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,916 shares of the company’s stock after acquiring an additional 1,701 shares during the period. Financial Partners Group Inc owned 0.12% of Global X MLP & Energy Infrastructure ETF worth $1,792,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth about $22,083,000. Envestnet Asset Management Inc. increased its position in Global X MLP & Energy Infrastructure ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock valued at $21,115,000 after acquiring an additional 82,703 shares during the period. Annandale Capital LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 4.1% during the 2nd quarter. Annandale Capital LLC now owns 302,549 shares of the company’s stock valued at $15,445,000 after acquiring an additional 11,879 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 8.2% in the 2nd quarter. Cetera Investment Advisers now owns 224,248 shares of the company’s stock valued at $11,448,000 after purchasing an additional 16,951 shares during the last quarter. Finally, Curran Financial Partners LLC raised its position in Global X MLP & Energy Infrastructure ETF by 3.2% during the 3rd quarter. Curran Financial Partners LLC now owns 220,729 shares of the company’s stock worth $12,014,000 after buying an additional 6,890 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 1.6 %

Shares of NYSEARCA:MLPX traded up $0.90 during midday trading on Tuesday, hitting $57.86. The stock had a trading volume of 37,211 shares, compared to its average volume of 201,021. The company has a market capitalization of $1.63 billion, a PE ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 1 year low of $42.29 and a 1 year high of $57.91. The stock has a 50 day moving average price of $55.31 and a two-hundred day moving average price of $52.31.

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.