Private Portfolio Partners LLC acquired a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,562 shares of the company’s stock, valued at approximately $216,000.
Several other hedge funds have also modified their holdings of MLPX. MGB Wealth Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth approximately $28,000. Key Financial Inc acquired a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth $30,000. Creative Financial Designs Inc. ADV purchased a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at $30,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $31,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $51,000.
Global X MLP & Energy Infrastructure ETF Trading Up 0.9 %
Shares of Global X MLP & Energy Infrastructure ETF stock opened at $65.02 on Thursday. Global X MLP & Energy Infrastructure ETF has a twelve month low of $46.69 and a twelve month high of $67.47. The firm has a market capitalization of $2.83 billion, a PE ratio of 19.62 and a beta of 0.96. The firm’s 50-day moving average price is $62.87 and its 200 day moving average price is $60.78.
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.
Featured Stories
- Five stocks we like better than Global X MLP & Energy Infrastructure ETF
- Investing in the High PE Growth Stocks
- Homebuilders in Freefall: Bargain Opportunity or Falling Knife?
- 3 Warren Buffett Stocks to Buy Now
- The 3 Most Talked About Investments on WallStreetBets Right Now
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Analyst Targets Signal More Growth in CrowdStrike Stock
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.
