Riggs Asset Managment Co. Inc. Has $2.92 Million Stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Riggs Asset Managment Co. Inc. raised its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 5.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,585 shares of the company’s stock after buying an additional 2,564 shares during the period. Riggs Asset Managment Co. Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,917,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MLPX. EverSource Wealth Advisors LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the first quarter valued at approximately $28,000. Adirondack Trust Co. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at approximately $55,000. Capital Advisors Ltd. LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 51.5% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock valued at $54,000 after acquiring an additional 359 shares in the last quarter. MCF Advisors LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the second quarter worth approximately $64,000. Finally, Opal Wealth Advisors LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the second quarter worth approximately $64,000.

Global X MLP & Energy Infrastructure ETF Trading Down 0.6 %

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $56.93 on Monday. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 1-year low of $41.81 and a 1-year high of $57.68. The firm has a fifty day simple moving average of $54.87 and a 200-day simple moving average of $51.89.

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.