MGO One Seven LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,975 shares of the company’s stock, valued at approximately $249,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its position in Global X MLP & Energy Infrastructure ETF by 28.1% during the 1st quarter. LPL Financial LLC now owns 1,404,062 shares of the company’s stock worth $89,593,000 after acquiring an additional 308,235 shares in the last quarter. Rational Advisors Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $52,628,000. Principal Financial Group Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $41,470,000. Raymond James Financial Inc. lifted its position in Global X MLP & Energy Infrastructure ETF by 165.7% during the 1st quarter. Raymond James Financial Inc. now owns 545,478 shares of the company’s stock worth $34,807,000 after acquiring an additional 340,184 shares in the last quarter. Finally, Advisory Alpha LLC lifted its position in Global X MLP & Energy Infrastructure ETF by 11,228.3% during the 1st quarter. Advisory Alpha LLC now owns 380,177 shares of the company’s stock worth $24,259,000 after acquiring an additional 376,821 shares in the last quarter.
Global X MLP & Energy Infrastructure ETF Stock Performance
Global X MLP & Energy Infrastructure ETF stock opened at $58.65 on Monday. The stock’s 50 day moving average price is $60.97 and its 200 day moving average price is $60.81. The firm has a market capitalization of $2.47 billion, a PE ratio of 19.10 and a beta of 1.30. Global X MLP & Energy Infrastructure ETF has a one year low of $53.54 and a one year high of $67.47.
Global X MLP & Energy Infrastructure ETF 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.
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