Y Intercept Hong Kong Ltd Purchases 20,446 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Y Intercept Hong Kong Ltd lifted its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 234.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,179 shares of the company’s stock after acquiring an additional 20,446 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,830,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Naples Global Advisors LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 1.8% in the 3rd quarter. Naples Global Advisors LLC now owns 39,808 shares of the company’s stock worth $2,496,000 after acquiring an additional 716 shares during the last quarter. Arkadios Wealth Advisors grew its position in shares of Global X MLP & Energy Infrastructure ETF by 13.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 4,520 shares of the company’s stock valued at $283,000 after acquiring an additional 536 shares during the period. Verdence Capital Advisors LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at approximately $353,000. Wealth Enhancement Advisory Services LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 1.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 46,875 shares of the company’s stock valued at $2,903,000 after purchasing an additional 672 shares during the period. Finally, Quantum Portfolio Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $3,389,000.

Global X MLP & Energy Infrastructure ETF Trading Up 1.0%

NYSEARCA:MLPX opened at $65.59 on Friday. The company’s 50-day moving average price is $60.94 and its 200-day moving average price is $60.69. The company has a market cap of $2.86 billion, a P/E ratio of 19.10 and a beta of 0.79. Global X MLP & Energy Infrastructure ETF has a twelve month low of $53.54 and a twelve month high of $66.08.

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.