Decker Wealth Management LLC Acquires New Stake in Global X MLP & Energy Infrastructure ETF $MLPX

Decker Wealth Management LLC bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 374,622 shares of the company’s stock, valued at approximately $27,700,000. Global X MLP & Energy Infrastructure ETF accounts for approximately 6.3% of Decker Wealth Management LLC’s portfolio, making the stock its biggest position. Decker Wealth Management LLC owned approximately 0.80% of Global X MLP & Energy Infrastructure ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MLPX. Morgan Stanley increased 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 purchasing an additional 848,899 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 12.8% in the second quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after buying an additional 277,692 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position 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 buying an additional 2,367,818 shares during the period. Wells Fargo & Company MN grew its position in Global X MLP & Energy Infrastructure ETF by 16.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,206,576 shares of the company’s stock valued at $73,034,000 after buying an additional 171,290 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $26,344,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

MLPX opened at $76.36 on Monday. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $78.36. The company has a market capitalization of $3.63 billion, a PE ratio of 19.10 and a beta of 0.57. The firm’s 50 day simple moving average is $74.37 and its two-hundred day simple moving average is $70.92.

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.