Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Bought by Old Port Advisors

Old Port Advisors grew its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,600 shares of the company’s stock after acquiring an additional 433 shares during the period. Global X MLP & Energy Infrastructure ETF comprises approximately 1.3% of Old Port Advisors’ portfolio, making the stock its 15th largest position. Old Port Advisors owned 0.27% of Global X MLP & Energy Infrastructure ETF worth $4,578,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Evergreen Capital Management LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at approximately $22,083,000. Icon Wealth Advisors LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at $6,025,000. Envestnet Asset Management Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF by 25.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after buying an additional 82,703 shares during the last quarter. Menlo Advisors LLC boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 1,302.3% during the 3rd quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock worth $4,430,000 after acquiring an additional 75,597 shares in the last quarter. Finally, Transform Wealth LLC increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 109.1% in the 3rd quarter. Transform Wealth LLC now owns 65,455 shares of the company’s stock valued at $3,563,000 after acquiring an additional 34,148 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 1.1 %

MLPX stock traded up $0.66 during trading on Thursday, hitting $61.22. 69,399 shares of the company’s stock were exchanged, compared to its average volume of 238,867. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 52-week low of $43.12 and a 52-week high of $64.72. The business has a 50-day moving average price of $60.58 and a two-hundred day moving average price of $55.80.

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.