Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Reaches New 1-Year High at $54.42

Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $54.42 and last traded at $54.42, with a volume of 3101 shares traded. The stock had previously closed at $54.13.

Global X MLP & Energy Infrastructure ETF Price Performance

The company has a market capitalization of $1.53 billion, a PE ratio of 18.89 and a beta of 0.54. The business’s 50 day simple moving average is $52.60 and its 200 day simple moving average is $50.22.

Institutional Trading of Global X MLP & Energy Infrastructure ETF

Several institutional investors have recently added to or reduced their stakes in MLPX. Private Advisor Group LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 7.0% during the fourth quarter. Private Advisor Group LLC now owns 9,612 shares of the company’s stock worth $429,000 after purchasing an additional 632 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in Global X MLP & Energy Infrastructure ETF by 180.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 17,057 shares of the company’s stock valued at $761,000 after buying an additional 10,977 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 0.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 433,797 shares of the company’s stock worth $19,356,000 after acquiring an additional 3,533 shares in the last quarter. UBS Group AG increased its position in shares of Global X MLP & Energy Infrastructure ETF by 0.9% during the fourth quarter. UBS Group AG now owns 308,376 shares of the company’s stock worth $13,760,000 after acquiring an additional 2,799 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 130.0% in the fourth quarter. Stifel Financial Corp now owns 190,193 shares of the company’s stock valued at $8,486,000 after acquiring an additional 107,496 shares in the last quarter.

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.