Journey Advisory Group LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 31,400 shares of the company’s stock, valued at approximately $2,322,000. Journey Advisory Group LLC owned approximately 0.07% of Global X MLP & Energy Infrastructure ETF at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 9,626.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after purchasing an additional 2,367,818 shares in the last quarter. Morgan Stanley increased its position in Global X MLP & Energy Infrastructure ETF by 8.6% during the 4th quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after buying an additional 848,899 shares in the last quarter. Two Sigma Investments LP purchased a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at about $26,344,000. School Employees Retirement Board of Ohio purchased a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter valued at about $24,443,000. Finally, Bank of America Corp DE boosted its holdings in Global X MLP & Energy Infrastructure ETF by 12.8% in the second quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after acquiring an additional 277,692 shares in the last quarter.
Global X MLP & Energy Infrastructure ETF Stock Performance
Shares of MLPX stock opened at $75.51 on Thursday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $78.36. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 19.10 and a beta of 0.57. The stock’s 50-day simple moving average is $74.24 and its 200-day simple moving average is $70.69.
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.
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