Cerity Partners LLC Makes New Investment in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Cerity Partners LLC bought a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 76,126 shares of the company’s stock, valued at approximately $3,397,000.

Several other hedge funds and other institutional investors have also bought and sold shares of MLPX. Bank of America Corp DE boosted its stake in Global X MLP & Energy Infrastructure ETF by 7.4% in the first quarter. Bank of America Corp DE now owns 1,637,613 shares of the company’s stock worth $65,423,000 after buying an additional 112,358 shares in the last quarter. Baker Avenue Asset Management LP boosted its stake in Global X MLP & Energy Infrastructure ETF by 206.8% in the third quarter. Baker Avenue Asset Management LP now owns 128,467 shares of the company’s stock worth $5,445,000 after buying an additional 86,595 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter worth approximately $3,694,000. UBS Group AG boosted its stake in Global X MLP & Energy Infrastructure ETF by 24.8% in the first quarter. UBS Group AG now owns 314,403 shares of the company’s stock worth $13,431,000 after buying an additional 62,381 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 1,053,404 shares of the company’s stock valued at $45,001,000 after purchasing an additional 56,979 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA:MLPX opened at $47.07 on Thursday. The firm has a market cap of $1.04 billion, a PE ratio of 18.64 and a beta of 0.58. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $38.30 and a fifty-two week high of $49.67. The business has a 50 day moving average price of $46.87 and a 200-day moving average price of $44.87.

About Global X MLP & Energy Infrastructure ETF

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.