136,569 Shares in Global X MLP & Energy Infrastructure ETF $MLPX Purchased by DDFG Inc

DDFG Inc bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 136,569 shares of the company’s stock, valued at approximately $10,098,000. Global X MLP & Energy Infrastructure ETF accounts for about 2.2% of DDFG Inc’s holdings, making the stock its 16th biggest holding. DDFG Inc owned about 0.30% of Global X MLP & Energy Infrastructure ETF at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Morgan Stanley boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 8.6% during the 4th quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock worth $650,645,000 after acquiring an additional 848,899 shares in the last quarter. Bank of America Corp DE raised 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 purchasing an additional 277,692 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Global X MLP & Energy Infrastructure ETF by 9,626.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after purchasing an additional 2,367,818 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Global X MLP & Energy Infrastructure ETF by 16.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,206,576 shares of the company’s stock worth $73,034,000 after purchasing an additional 171,290 shares during the last quarter. Finally, Two Sigma Investments LP bought a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter worth $26,344,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX stock opened at $75.12 on Monday. The stock’s fifty day moving average price is $73.67 and its two-hundred day moving average price is $69.37. The company has a market cap of $3.50 billion, a PE ratio of 19.10 and a beta of 0.58. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $78.36.

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.