HighTower Advisors LLC Grows Stock Position in Global X MLP & Energy Infrastructure ETF $MLPX

HighTower Advisors LLC boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 829.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 151,933 shares of the company’s stock after purchasing an additional 135,593 shares during the period. HighTower Advisors LLC owned about 0.35% of Global X MLP & Energy Infrastructure ETF worth $9,197,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp increased its holdings in Global X MLP & Energy Infrastructure ETF by 709.9% during the 3rd quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock valued at $36,000 after purchasing an additional 504 shares during the period. Blume Capital Management Inc. increased its holdings in Global X MLP & Energy Infrastructure ETF by 493.8% during the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock valued at $60,000 after purchasing an additional 800 shares during the period. Russell Investments Group Ltd. increased its holdings in Global X MLP & Energy Infrastructure ETF by 24,040.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock valued at $76,000 after purchasing an additional 1,202 shares during the period. Glass Jacobson Investment Advisors llc purchased a new position in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at about $106,000. Finally, Sunbelt Securities Inc. increased its holdings in Global X MLP & Energy Infrastructure ETF by 66.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,883 shares of the company’s stock valued at $118,000 after purchasing an additional 754 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA:MLPX opened at $77.33 on Tuesday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $57.66 and a 1 year high of $78.36. The company has a market cap of $3.60 billion, a PE ratio of 19.10 and a beta of 0.60. The stock’s 50-day moving average is $73.60 and its 200 day moving average is $67.09.

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.