Collaborative Wealth Managment Inc. Buys 12,738 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Collaborative Wealth Managment Inc. grew its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 61.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 33,457 shares of the company’s stock after acquiring an additional 12,738 shares during the period. Collaborative Wealth Managment Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,025,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Midwest Professional Planners LTD. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 0.8% during the third quarter. Midwest Professional Planners LTD. now owns 23,752 shares of the company’s stock valued at $1,489,000 after buying an additional 180 shares during the period. First Heartland Consultants Inc. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 5.7% during the third quarter. First Heartland Consultants Inc. now owns 3,384 shares of the company’s stock valued at $212,000 after buying an additional 181 shares during the period. Advisory Services Network LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 0.7% during the second quarter. Advisory Services Network LLC now owns 28,092 shares of the company’s stock valued at $1,747,000 after buying an additional 184 shares during the period. Wealthspan Partners LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 1.0% during the fourth quarter. Wealthspan Partners LLC now owns 18,533 shares of the company’s stock valued at $1,122,000 after buying an additional 189 shares during the period. Finally, Concurrent Investment Advisors LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 1.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 13,093 shares of the company’s stock valued at $793,000 after buying an additional 190 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX opened at $77.33 on Tuesday. The business’s 50-day moving average price is $73.60 and its 200-day moving average price is $67.09. Global X MLP & Energy Infrastructure ETF has a twelve month low of $57.66 and a twelve month high of $78.36. The stock has a market cap of $3.60 billion, a PE ratio of 19.10 and a beta of 0.60.

Global X MLP & Energy Infrastructure ETF 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.