Dynamic Advisor Solutions LLC raised its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) by 4.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 77,926 shares of the company’s stock after buying an additional 3,504 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $3,978,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new position in Global X MLP & Energy Infrastructure ETF during the first quarter worth $28,000. JNBA Financial Advisors purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at $36,000. Oakworth Capital Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth $45,000. Opal Wealth Advisors LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth about $64,000. Finally, Fortitude Family Office LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at about $68,000.
Global X MLP & Energy Infrastructure ETF Trading Down 0.2 %
NYSEARCA:MLPX opened at $51.30 on Tuesday. The company has a market capitalization of $1.45 billion, a P/E ratio of 18.89 and a beta of 0.54. The firm has a 50-day moving average price of $51.20 and a two-hundred day moving average price of $48.79. Global X MLP & Energy Infrastructure ETF has a twelve month low of $40.38 and a twelve month high of $53.81.
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.
See Also
- Five stocks we like better than Global X MLP & Energy Infrastructure ETF
- Stock Sentiment Analysis: How it Works
- Buy the Dip in Home Depot, But Wait for It to Bottom First
- How to Use the MarketBeat Stock Screener
- Micron Stock Just Got Its Most Bullish Update Of The Year
- What is an Earnings Surprise?
- How to Trade a Long Straddle When Expecting a Large Earnings Move
Want to see what other hedge funds are holding MLPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report).
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.
