Avantax Advisory Services Inc. Buys Shares of 17,819 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Avantax Advisory Services Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Get Rating) during the third quarter, Holdings Channel.com reports. The firm bought 17,819 shares of the company’s stock, valued at approximately $668,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 1,053,404 shares of the company’s stock valued at $45,001,000 after purchasing an additional 56,979 shares in the last quarter. LPL Financial LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 8.7% during the second quarter. LPL Financial LLC now owns 652,283 shares of the company’s stock valued at $24,859,000 after purchasing an additional 52,012 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 21.9% during the second quarter. Wells Fargo & Company MN now owns 624,355 shares of the company’s stock valued at $23,794,000 after purchasing an additional 112,365 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 11.7% during the first quarter. Bank of America Corp DE now owns 570,067 shares of the company’s stock valued at $24,353,000 after purchasing an additional 59,681 shares in the last quarter. Finally, GenTrust LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 10.5% during the third quarter. GenTrust LLC now owns 399,106 shares of the company’s stock valued at $14,958,000 after purchasing an additional 38,055 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA MLPX opened at $42.23 on Monday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $35.81 and a fifty-two week high of $45.94. The firm’s 50-day simple moving average is $41.65 and its 200 day simple moving average is $41.10.