Sonora Investment Management Group LLC Purchases Shares of 4,040 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Sonora Investment Management Group LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,040 shares of the company’s stock, valued at approximately $245,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Hara Capital LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at $33,000. Assetmark Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at $42,000. Adirondack Trust Co. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at $55,000. Sunbelt Securities Inc. raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 276.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock valued at $61,000 after buying an additional 829 shares in the last quarter. Finally, Advisors Asset Management Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at $65,000.

Global X MLP & Energy Infrastructure ETF Stock Down 2.9 %

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $62.61 on Friday. The stock has a market capitalization of $1.76 billion, a P/E ratio of 18.89 and a beta of 0.54. The company has a 50-day simple moving average of $62.46 and a 200 day simple moving average of $57.68. Global X MLP & Energy Infrastructure ETF has a 12-month low of $43.12 and a 12-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.