PNC Financial Services Group Inc. Has $37.94 Million Stock Position in Global X MLP & Energy Infrastructure ETF $MLPX

PNC Financial Services Group Inc. increased its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 11.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 513,075 shares of the company’s stock after purchasing an additional 52,131 shares during the period. PNC Financial Services Group Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $37,937,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Decker Wealth Management LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the first quarter worth about $27,700,000. Independent Financial Group LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF during the first quarter worth about $265,000. Sharpepoint LLC increased its holdings in Global X MLP & Energy Infrastructure ETF by 2.5% in the 1st quarter. Sharpepoint LLC now owns 32,066 shares of the company’s stock valued at $2,371,000 after buying an additional 791 shares during the period. Midwest Professional Planners LTD. increased its holdings in Global X MLP & Energy Infrastructure ETF by 12.3% in the 1st quarter. Midwest Professional Planners LTD. now owns 28,964 shares of the company’s stock valued at $2,142,000 after buying an additional 3,179 shares during the period. Finally, Collaborative Wealth Managment Inc. raised its position in shares of Global X MLP & Energy Infrastructure ETF by 18.8% in the 1st quarter. Collaborative Wealth Managment Inc. now owns 39,745 shares of the company’s stock valued at $2,939,000 after buying an additional 6,288 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 0.8%

Shares of NYSEARCA:MLPX opened at $77.56 on Friday. The firm has a 50 day moving average of $74.57 and a 200-day moving average of $71.37. Global X MLP & Energy Infrastructure ETF has a 12 month low of $57.66 and a 12 month high of $78.36. The stock has a market capitalization of $3.72 billion, a PE ratio of 19.10 and a beta of 0.57.

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.