Bleakley Financial Group LLC Invests $2.85 Million in Global X MLP & Energy Infrastructure ETF $MLPX

Bleakley Financial Group LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the first quarter, according to its most recent filing with the SEC. The fund purchased 38,531 shares of the company’s stock, valued at approximately $2,849,000. Bleakley Financial Group LLC owned about 0.08% of Global X MLP & Energy Infrastructure ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Morgan Stanley raised 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 purchasing an additional 848,899 shares during the period. Bank of America Corp DE grew its position in shares of 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 worth $153,320,000 after acquiring 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 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after acquiring 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 4th quarter. Wells Fargo & Company MN now owns 1,206,576 shares of the company’s stock worth $73,034,000 after acquiring an additional 171,290 shares during the period. Finally, Two Sigma Investments LP bought a new stake in Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $26,344,000.

Global X MLP & Energy Infrastructure ETF Trading Down 0.8%

MLPX opened at $75.51 on Thursday. The business’s 50 day moving average is $74.24 and its 200-day moving average is $70.69. The stock has a market cap of $3.58 billion, a PE ratio of 19.10 and a beta of 0.57. Global X MLP & Energy Infrastructure ETF has a twelve month low of $57.66 and a twelve month high of $78.36.

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.