8,635 Shares in Global X MLP & Energy Infrastructure ETF $MLPX Purchased by Cynosure Group LLC

Cynosure Group LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,635 shares of the company’s stock, valued at approximately $542,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MLPX. Advisory Services Network LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 0.7% in the second quarter. Advisory Services Network LLC now owns 28,092 shares of the company’s stock valued at $1,747,000 after purchasing an additional 184 shares during the last quarter. MGO Private Wealth LLC raised 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 purchasing an additional 187 shares during the last quarter. IFP Advisors Inc lifted its stake 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 valued at $45,000 after buying an additional 189 shares in the last quarter. Somerset Trust Co grew its holdings 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 valued at $270,000 after buying an additional 300 shares during the last quarter. Finally, Naples Global Advisors LLC increased its position in Global X MLP & Energy Infrastructure ETF by 0.8% during the second quarter. Naples Global Advisors LLC now owns 39,092 shares of the company’s stock worth $2,450,000 after buying an additional 309 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 1.1%

NYSEARCA MLPX opened at $61.17 on Monday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $53.54 and a fifty-two week high of $67.47. The business has a fifty day moving average of $59.83 and a 200-day moving average of $60.63. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79.

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.