Sunbeam Capital Management LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,497 shares of the company’s stock, valued at approximately $720,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of MLPX. NorthRock Partners LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $38,000. Cullen Frost Bankers Inc. lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 81.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 929 shares of the company’s stock worth $59,000 after acquiring an additional 416 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at $64,000. Opal Wealth Advisors LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at $68,000. Finally, SVB Wealth LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at $80,000.
Global X MLP & Energy Infrastructure ETF Stock Down 0.8%
Shares of NYSEARCA MLPX opened at $61.89 on Tuesday. The business has a fifty day simple moving average of $61.26 and a two-hundred day simple moving average of $61.08. The firm has a market cap of $2.62 billion, a PE ratio of 19.10 and a beta of 1.30. Global X MLP & Energy Infrastructure ETF has a twelve month low of $53.54 and a twelve month high of $67.47.
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.
Recommended Stories
- Five stocks we like better than Global X MLP & Energy Infrastructure ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Eli Lilly Stock Soars on Trump Tariff Hopes and Pfizer Deal
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3 Exceptional Stocks to Build Long-Term Wealth
- 3 Warren Buffett Stocks to Buy Now
- Insider Sales Jump at Broadcom and CoreWeave: Red Flag Ahead?
Want to see what other hedge funds are holding MLPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report).
Receive News & Ratings for Global X MLP & Energy Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP & Energy Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.