Envestnet Expands Investment in Global X U.S. Preferred ETF Envestnet Portfolio Solutions Inc. increased its stake in the Global X U.S. Preferred ETF by 17.9% during the fourth quarter, now holding 30,449 shares valued at $594,000. Other institutional investors, including Commonwealth Equity Services and HighTower Advisors, also bolstered their positions in this ETF, reflecting growing interest in preferred equity investments.1