Fifth Third Bancorp Raises Position in Global X MLP & Energy Infrastructure ETF $MLPX

Fifth Third Bancorp increased its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9,845.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,185 shares of the company’s stock after purchasing an additional 56,610 shares during the quarter. Fifth Third Bancorp owned approximately 0.12% of Global X MLP & Energy Infrastructure ETF worth $4,228,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MLPX. Northwestern Mutual Wealth Management Co. grew its holdings in Global X MLP & Energy Infrastructure ETF by 9,626.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock valued at $144,813,000 after purchasing an additional 2,367,818 shares during the period. Morgan Stanley lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 8.6% during the 4th quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after buying an additional 848,899 shares during the last quarter. Two Sigma Investments LP bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth $26,344,000. School Employees Retirement Board of Ohio bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter worth $24,443,000. Finally, Bank of America Corp DE increased its holdings in Global X MLP & Energy Infrastructure ETF by 12.8% in the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after acquiring an additional 277,692 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX opened at $76.36 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $78.36. The business has a 50-day moving average of $74.37 and a 200 day moving average of $70.84. The firm has a market cap of $3.63 billion, a P/E ratio of 19.10 and a beta of 0.57.

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.