Janney Montgomery Scott LLC Purchases 16,681 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Janney Montgomery Scott LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 110.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,797 shares of the company’s stock after acquiring an additional 16,681 shares during the quarter. Janney Montgomery Scott LLC owned about 0.07% of Global X MLP & Energy Infrastructure ETF worth $2,351,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MLPX. Fiduciary Alliance LLC lifted its position in Global X MLP & Energy Infrastructure ETF by 11.0% during the 4th quarter. Fiduciary Alliance LLC now owns 107,013 shares of the company’s stock valued at $6,478,000 after purchasing an additional 10,621 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $1,245,000. Tcfg Wealth Management LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $1,728,000. JPMorgan Chase & Co. grew its position in shares of Global X MLP & Energy Infrastructure ETF by 4.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 349,771 shares of the company’s stock worth $21,934,000 after buying an additional 14,677 shares during the period. Finally, Spinnaker Investment Group LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter worth approximately $1,266,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $75.66 on Thursday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $78.36. The firm has a market capitalization of $3.57 billion, a P/E ratio of 19.10 and a beta of 0.57. The company’s 50 day simple moving average is $74.12 and its 200 day simple moving average is $70.15.

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.