Mirae Asset Global Investments Co. Ltd. Takes $3.32 Million Position in Global X MLP & Energy Infrastructure ETF $MLPX

Mirae Asset Global Investments Co. Ltd. purchased a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 53,000 shares of the company’s stock, valued at approximately $3,324,000. Mirae Asset Global Investments Co. Ltd. owned 0.13% of Global X MLP & Energy Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in MLPX. Bank of America Corp DE increased its stake in Global X MLP & Energy Infrastructure ETF by 12.8% in the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after acquiring an additional 277,692 shares during the last quarter. Sage Private Wealth Group LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth about $11,009,000. PNC Financial Services Group Inc. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 19.2% in the second 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 last quarter. Apollon Wealth Management LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 247.1% in the second quarter. Apollon Wealth Management LLC now owns 106,521 shares of the company’s stock valued at $6,675,000 after purchasing an additional 75,829 shares in the last quarter. Finally, Quantum Portfolio Management LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $3,389,000.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX stock opened at $64.56 on Tuesday. Global X MLP & Energy Infrastructure ETF has a one year low of $53.54 and a one year high of $66.08. The stock has a market cap of $2.81 billion, a PE ratio of 19.10 and a beta of 0.79. The firm has a 50 day simple moving average of $61.16 and a two-hundred day simple moving average of $60.73.

Global X MLP & Energy Infrastructure ETF 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.