Envestnet Asset Management Inc. Has $21.12 Million Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Envestnet Asset Management Inc. increased its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 25.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 413,623 shares of the company’s stock after purchasing an additional 82,703 shares during the quarter. Envestnet Asset Management Inc. owned about 1.47% of Global X MLP & Energy Infrastructure ETF worth $21,115,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MLPX. Bright Futures Wealth Management LLC. boosted its position in Global X MLP & Energy Infrastructure ETF by 5.6% in the 2nd quarter. Bright Futures Wealth Management LLC. now owns 12,639 shares of the company’s stock valued at $655,000 after buying an additional 666 shares during the last quarter. MCF Advisors LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the second quarter valued at $64,000. Legacy Capital Wealth Partners LLC bought a new position in Global X MLP & Energy Infrastructure ETF in the second quarter valued at about $1,725,000. Commonwealth Equity Services LLC increased its position in Global X MLP & Energy Infrastructure ETF by 14.8% in the second quarter. Commonwealth Equity Services LLC now owns 96,310 shares of the company’s stock worth $4,917,000 after purchasing an additional 12,450 shares during the period. Finally, Seven Springs Wealth Group LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth about $258,000.

Global X MLP & Energy Infrastructure ETF Trading Up 0.6 %

Global X MLP & Energy Infrastructure ETF stock opened at $54.44 on Monday. The company has a market cap of $1.53 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 $40.38 and a 1 year high of $55.08. The company’s 50-day moving average is $52.90 and its two-hundred day moving average is $50.51.

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.