Evergreen Capital Management LLC Makes New $10.98 Million Investment in Global X MLP & Energy Infrastructure ETF $MLPX

Evergreen Capital Management LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 157,278 shares of the company’s stock, valued at approximately $10,981,000.

A number of other hedge funds have also bought and sold shares of MLPX. Decker Wealth Management LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the first quarter worth $27,700,000. School Employees Retirement Board of Ohio bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter worth about $24,443,000. DDFG Inc acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $10,098,000. Fifth Third Bancorp grew its position in shares of Global X MLP & Energy Infrastructure ETF by 9,845.2% during the 1st quarter. Fifth Third Bancorp now owns 57,185 shares of the company’s stock worth $4,228,000 after buying an additional 56,610 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in Global X MLP & Energy Infrastructure ETF by 11.3% in the first quarter. PNC Financial Services Group Inc. now owns 513,075 shares of the company’s stock worth $37,937,000 after purchasing an additional 52,131 shares during the period.

Global X MLP & Energy Infrastructure ETF Trading Up 2.3%

MLPX opened at $74.55 on Friday. The company has a fifty day moving average price of $73.66 and a two-hundred day moving average price of $73.87. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $78.36. The company has a market cap of $3.66 billion, a P/E ratio of 19.10 and a beta of 0.63.

About Global X MLP & Energy Infrastructure ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

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