Sumitomo Mitsui Trust Group Inc. Boosts Holdings in Global X MLP & Energy Infrastructure ETF $MLPX

Sumitomo Mitsui Trust Group Inc. lifted its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,581 shares of the company’s stock after purchasing an additional 5,968 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.21% of Global X MLP & Energy Infrastructure ETF worth $5,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Briaud Financial Planning Inc raised its position in shares of Global X MLP & Energy Infrastructure ETF by 1,270.6% in the 2nd quarter. Briaud Financial Planning Inc now owns 466 shares of the company’s stock worth $29,000 after purchasing an additional 432 shares during the last quarter. NorthRock Partners LLC bought a new stake in Global X MLP & Energy Infrastructure ETF in the 1st quarter worth about $38,000. IFP Advisors Inc increased its holdings in Global X MLP & Energy Infrastructure ETF by 35.5% in the 2nd quarter. IFP Advisors Inc now owns 722 shares of the company’s stock worth $45,000 after buying an additional 189 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in Global X MLP & Energy Infrastructure ETF by 81.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 929 shares of the company’s stock worth $59,000 after buying an additional 416 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in Global X MLP & Energy Infrastructure ETF in the 1st quarter worth about $80,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA MLPX opened at $58.22 on Thursday. Global X MLP & Energy Infrastructure ETF has a one year low of $53.54 and a one year high of $67.47. The stock has a 50-day moving average of $60.77 and a 200 day moving average of $60.93. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79.

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.