904 Shares in Global X MLP & Energy Infrastructure ETF $MLPX Bought by First Horizon Advisors Inc.

First Horizon Advisors Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 904 shares of the company’s stock, valued at approximately $57,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MGO Private Wealth LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 1.0% during the 2nd quarter. MGO Private Wealth LLC now owns 18,537 shares of the company’s stock worth $1,161,000 after buying an additional 187 shares during the period. IFP Advisors Inc raised its position in shares of 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 valued at $45,000 after acquiring an additional 189 shares during the period. Somerset Trust Co boosted its stake in Global X MLP & Energy Infrastructure ETF by 7.5% during the 2nd quarter. Somerset Trust Co now owns 4,307 shares of the company’s stock worth $270,000 after acquiring an additional 300 shares during the last quarter. Naples Global Advisors LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 0.8% during the 2nd quarter. Naples Global Advisors LLC now owns 39,092 shares of the company’s stock worth $2,450,000 after acquiring an additional 309 shares during the last quarter. Finally, Sonora Investment Management Group LLC grew its holdings in Global X MLP & Energy Infrastructure ETF by 8.0% during the second quarter. Sonora Investment Management Group LLC now owns 4,335 shares of the company’s stock valued at $272,000 after purchasing an additional 320 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA:MLPX opened at $59.32 on Tuesday. The company has a 50 day moving average price of $60.40 and a two-hundred day moving average price of $60.87. The company has a market capitalization of $2.51 billion, a PE ratio of 19.10 and a beta of 0.79. Global X MLP & Energy Infrastructure ETF has a 52 week low of $53.54 and a 52 week high of $67.47.

Global X MLP & Energy Infrastructure ETF 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.