Janney Montgomery Scott LLC Buys 2,073 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Janney Montgomery Scott LLC lifted its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 29.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,160 shares of the company’s stock after purchasing an additional 2,073 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $584,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Phoenix Financial Ltd. boosted its stake in Global X MLP & Energy Infrastructure ETF by 26.6% during the fourth quarter. Phoenix Financial Ltd. now owns 3,285,750 shares of the company’s stock worth $199,110,000 after buying an additional 690,000 shares during the period. Evergreen Capital Management LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth about $25,442,000. Bank of Montreal Can boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 25,926.3% during the 4th quarter. Bank of Montreal Can now owns 281,084 shares of the company’s stock worth $17,022,000 after purchasing an additional 280,004 shares during the period. Teamwork Financial Advisors LLC grew its holdings in Global X MLP & Energy Infrastructure ETF by 755.5% during the 1st quarter. Teamwork Financial Advisors LLC now owns 269,188 shares of the company’s stock valued at $17,177,000 after purchasing an additional 237,723 shares during the last quarter. Finally, LPL Financial LLC raised its position in Global X MLP & Energy Infrastructure ETF by 26.6% in the 4th quarter. LPL Financial LLC now owns 1,095,827 shares of the company’s stock worth $66,363,000 after purchasing an additional 230,052 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $61.75 on Thursday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $49.52 and a 1 year high of $67.47. The firm has a 50-day simple moving average of $61.21 and a two-hundred day simple moving average of $61.62. The company has a market cap of $2.64 billion, a P/E ratio of 19.10 and a beta of 1.30.

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.