Presidio Capital Management LLC Has $12.57 Million Stake in Global X MLP & Energy Infrastructure ETF $MLPX

Presidio Capital Management LLC lifted its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 10.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 200,391 shares of the company’s stock after purchasing an additional 18,477 shares during the quarter. Global X MLP & Energy Infrastructure ETF comprises 4.4% of Presidio Capital Management LLC’s portfolio, making the stock its 10th biggest holding. Presidio Capital Management LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $12,566,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of MLPX. Bank of America Corp DE increased its position in Global X MLP & Energy Infrastructure ETF by 12.8% during the second quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock valued at $153,320,000 after acquiring an additional 277,692 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 19.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 543,697 shares of the company’s stock worth $34,068,000 after purchasing an additional 87,644 shares during the period. Advisory Alpha LLC boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 4.3% during the 2nd quarter. Advisory Alpha LLC now owns 396,663 shares of the company’s stock worth $24,855,000 after purchasing an additional 16,486 shares during the period. Envestnet Asset Management Inc. grew its holdings in Global X MLP & Energy Infrastructure ETF by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 359,600 shares of the company’s stock valued at $22,551,000 after purchasing an additional 10,828 shares during the last quarter. Finally, Curran Financial Partners LLC raised its position in Global X MLP & Energy Infrastructure ETF by 9.7% in the 3rd quarter. Curran Financial Partners LLC now owns 274,590 shares of the company’s stock worth $17,220,000 after purchasing an additional 24,200 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $69.73 on Friday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $53.54 and a 1 year high of $69.79. The firm has a 50-day simple moving average of $62.38 and a two-hundred day simple moving average of $61.13. The company has a market cap of $3.04 billion, a P/E ratio of 19.10 and a beta of 0.79.

Global X MLP & Energy Infrastructure ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were paid a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from Global X MLP & Energy Infrastructure ETF’s previous quarterly dividend of $0.08.

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.