Legacy PCG LLC lessened its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) by 71.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 5,968 shares of the company’s stock after selling 15,060 shares during the quarter. Global X MLP & Energy Infrastructure ETF comprises about 2.4% of Legacy PCG LLC’s holdings, making the stock its 13th largest position. Legacy PCG LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $441,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in MLPX. Northwestern Mutual Wealth Management Co. grew its position in Global X MLP & Energy Infrastructure ETF by 9,626.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after acquiring an additional 2,367,818 shares during the period. Morgan Stanley raised its position in Global X MLP & Energy Infrastructure ETF by 8.6% in the fourth quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after purchasing an additional 848,899 shares during the period. Two Sigma Investments LP acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at $26,344,000. Decker Wealth Management LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at $27,700,000. Finally, School Employees Retirement Board of Ohio purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter worth $24,443,000.
Global X MLP & Energy Infrastructure ETF Stock Performance
Shares of NYSEARCA:MLPX opened at $77.14 on Monday. The business has a 50-day moving average price of $74.59 and a 200 day moving average price of $71.48. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 19.10 and a beta of 0.57. Global X MLP & Energy Infrastructure ETF has a 12-month low of $57.66 and a 12-month high of $78.36.
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.
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