Assetmark Inc. Purchases Shares of 772 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Assetmark Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 3rd quarter, HoldingsChannel reports. The firm purchased 772 shares of the company’s stock, valued at approximately $42,000.

A number of other institutional investors have also made changes to their positions in the business. Evergreen Capital Management LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the second quarter valued at about $22,083,000. Cetera Investment Advisers bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter worth approximately $10,155,000. Envestnet Asset Management Inc. grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 25.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after purchasing an additional 82,703 shares in the last quarter. Atria Investments Inc bought a new stake in shares of Global X MLP & Energy Infrastructure ETF during the first quarter valued at approximately $3,988,000. Finally, Riggs Asset Managment Co. Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the second quarter valued at $2,605,000.

Global X MLP & Energy Infrastructure ETF Trading Up 1.6 %

Shares of MLPX opened at $62.11 on Tuesday. The stock has a 50 day simple moving average of $56.51 and a 200-day simple moving average of $53.03. The stock has a market cap of $1.75 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 $43.02 and a 1 year high of $62.18.

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.