Raymond James Financial Inc. Takes Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Raymond James Financial Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 205,294 shares of the company’s stock, valued at approximately $12,433,000.

A number of other hedge funds have also recently made changes to their positions in MLPX. Prospera Financial Services Inc raised its holdings in Global X MLP & Energy Infrastructure ETF by 1.2% in the third quarter. Prospera Financial Services Inc now owns 33,271 shares of the company’s stock worth $1,812,000 after purchasing an additional 386 shares in the last quarter. Advisors Asset Management Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $65,000. Icon Wealth Advisors LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $6,025,000. Great Valley Advisor Group Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $937,000. Finally, Kingsview Wealth Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the third quarter worth $341,000.

Global X MLP & Energy Infrastructure ETF Trading Up 1.1 %

Shares of MLPX stock opened at $64.03 on Thursday. The company has a market cap of $2.81 billion, a PE ratio of 18.91 and a beta of 1.25. Global X MLP & Energy Infrastructure ETF has a 12-month low of $46.69 and a 12-month high of $67.47. The business’s fifty day simple moving average is $62.94 and its 200-day simple moving average is $60.02.

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.