Janney Montgomery Scott LLC Purchases 274 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Janney Montgomery Scott LLC boosted its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 3.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,295 shares of the company’s stock after buying an additional 274 shares during the period. Janney Montgomery Scott LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $386,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Global X MLP & Energy Infrastructure ETF by 7.4% in the 1st quarter. Bank of America Corp DE now owns 1,637,613 shares of the company’s stock valued at $65,423,000 after buying an additional 112,358 shares in the last quarter. Royal Bank of Canada increased its holdings in Global X MLP & Energy Infrastructure ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 1,053,404 shares of the company’s stock worth $45,001,000 after purchasing an additional 56,979 shares in the last quarter. LPL Financial LLC increased its holdings in Global X MLP & Energy Infrastructure ETF by 3.4% during the 1st quarter. LPL Financial LLC now owns 822,020 shares of the company’s stock worth $32,840,000 after purchasing an additional 26,854 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Global X MLP & Energy Infrastructure ETF by 1.1% during the 4th quarter. Wells Fargo & Company MN now owns 555,312 shares of the company’s stock worth $22,635,000 after purchasing an additional 6,114 shares in the last quarter. Finally, GenTrust LLC increased its holdings in Global X MLP & Energy Infrastructure ETF by 0.9% during the 1st quarter. GenTrust LLC now owns 403,687 shares of the company’s stock worth $16,127,000 after purchasing an additional 3,481 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX opened at $42.44 on Wednesday. The stock has a 50 day moving average price of $42.61 and a two-hundred day moving average price of $41.54. The firm has a market capitalization of $952.78 million, a P/E ratio of 13.54 and a beta of 1.30. Global X MLP & Energy Infrastructure ETF has a 52 week low of $37.00 and a 52 week high of $44.19.

Global X MLP & Energy Infrastructure ETF Company 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.