Global X MLP & Energy Infrastructure ETF $MLPX Shares Acquired by HB Wealth Management LLC

HB Wealth Management LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 251.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,603 shares of the company’s stock after buying an additional 8,297 shares during the quarter. HB Wealth Management LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $858,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MLPX. Morgan Stanley lifted its position in 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 during the period. Bank of America Corp DE grew its stake in shares of 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 valued at $153,320,000 after purchasing an additional 277,692 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 valued at $144,813,000 after purchasing an additional 2,367,818 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 16.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,206,576 shares of the company’s stock valued at $73,034,000 after purchasing an additional 171,290 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the third quarter worth approximately $26,344,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $75.14 on Friday. The stock has a fifty day moving average price of $74.16 and a 200 day moving average price of $70.26. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $78.36. The company has a market cap of $3.55 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.