International Assets Investment Management LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,916 shares of the company’s stock, valued at approximately $309,000.
Several other hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 142.6% during the 4th quarter. Global Retirement Partners LLC now owns 2,067 shares of the company’s stock valued at $92,000 after buying an additional 1,215 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $164,000. Blair William & Co. IL boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 5,750.0% in the 3rd quarter. Blair William & Co. IL now owns 4,680 shares of the company’s stock valued at $198,000 after purchasing an additional 4,600 shares in the last quarter. Synovus Financial Corp bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at $201,000. Finally, Eudaimonia Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth $222,000.
Global X MLP & Energy Infrastructure ETF Stock Down 0.2 %
NYSEARCA MLPX opened at $49.23 on Friday. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 18.64 and a beta of 0.58. The company has a 50-day simple moving average of $47.55 and a two-hundred day simple moving average of $45.20. Global X MLP & Energy Infrastructure ETF has a 12-month low of $38.30 and a 12-month high of $49.67.
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.
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