Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $66.25 and last traded at $65.8110, with a volume of 9732 shares traded. The stock had previously closed at $66.02.
Global X MLP & Energy Infrastructure ETF Stock Up 0.7%
The stock has a 50 day moving average price of $61.67 and a 200 day moving average price of $60.88. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79.
Institutional Investors Weigh In On Global X MLP & Energy Infrastructure ETF
Several hedge funds have recently added to or reduced their stakes in the business. Briaud Financial Planning Inc raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 1,270.6% during the second quarter. Briaud Financial Planning Inc now owns 466 shares of the company’s stock valued at $29,000 after acquiring an additional 432 shares during the last quarter. Fifth Third Bancorp increased its holdings in Global X MLP & Energy Infrastructure ETF by 709.9% in the third quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock valued at $36,000 after purchasing an additional 504 shares during the period. IFP Advisors Inc increased its holdings in Global X MLP & Energy Infrastructure ETF by 35.5% in the second quarter. IFP Advisors Inc now owns 722 shares of the company’s stock valued at $45,000 after purchasing an additional 189 shares during the period. First Horizon Advisors Inc. bought a new position in Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth $57,000. Finally, Blume Capital Management Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF by 493.8% during the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock worth $60,000 after buying an additional 800 shares during the period.
About Global X MLP & Energy Infrastructure ETF
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.
Further Reading
- Five stocks we like better than Global X MLP & Energy Infrastructure ETF
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Trade this between 9:30 and 10:45 am EST
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Global X MLP & Energy Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP & Energy Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
