MML Investors Services LLC Buys 13,547 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

MML Investors Services LLC lifted its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 21.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,559 shares of the company’s stock after acquiring an additional 13,547 shares during the period. MML Investors Services LLC owned 0.28% of Global X MLP & Energy Infrastructure ETF worth $4,222,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MLPX. Wealth Enhancement Advisory Services LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 17.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 34,366 shares of the company’s stock worth $1,754,000 after purchasing an additional 5,075 shares in the last quarter. Raymond James & Associates raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 4.4% during the 2nd quarter. Raymond James & Associates now owns 26,462 shares of the company’s stock worth $1,351,000 after acquiring an additional 1,112 shares in the last quarter. Financial Partners Group Inc purchased a new stake in Global X MLP & Energy Infrastructure ETF during the second quarter valued at approximately $1,594,000. Pasadena Private Wealth LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the second quarter valued at approximately $380,000. Finally, SeaCrest Wealth Management LLC grew its holdings in Global X MLP & Energy Infrastructure ETF by 13.7% in the second quarter. SeaCrest Wealth Management LLC now owns 63,402 shares of the company’s stock worth $3,237,000 after purchasing an additional 7,655 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Down 0.6 %

Shares of MLPX opened at $60.93 on Friday. The firm has a market cap of $1.72 billion, a PE ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 12 month low of $43.12 and a 12 month high of $64.72. The stock has a fifty day moving average price of $59.70 and a 200-day moving average price of $54.74.

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.