Decker Wealth Management LLC Makes New Investment in Global X MLP & Energy Infrastructure ETF $MLPX

Decker Wealth Management LLC acquired a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 374,622 shares of the company’s stock, valued at approximately $27,700,000. Global X MLP & Energy Infrastructure ETF makes up 6.3% of Decker Wealth Management LLC’s investment portfolio, making the stock its biggest position.

A number of other large investors have also recently made changes to their positions in the stock. Morgan Stanley lifted 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 valued at $650,645,000 after buying an additional 848,899 shares in the last quarter. Bank of America Corp DE increased its holdings in 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 worth $153,320,000 after acquiring an additional 277,692 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Global X MLP & Energy Infrastructure ETF by 9,626.8% during 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 raised its stake in Global X MLP & Energy Infrastructure ETF by 16.5% during 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 purchased a new position in Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $26,344,000.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX opened at $76.36 on Monday. The firm has a market cap of $3.63 billion, a P/E ratio of 19.10 and a beta of 0.57. 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 50 day simple moving average of $74.37 and a two-hundred day simple moving average of $70.92.

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.