Baird Financial Group Inc. Boosts Stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Baird Financial Group Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 11.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,782 shares of the company’s stock after purchasing an additional 15,320 shares during the period. Baird Financial Group Inc. owned about 0.52% of Global X MLP & Energy Infrastructure ETF worth $8,889,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of MLPX. Ameritas Investment Partners Inc. grew its position in shares of Global X MLP & Energy Infrastructure ETF by 21.9% in the fourth quarter. Ameritas Investment Partners Inc. now owns 891 shares of the company’s stock valued at $54,000 after purchasing an additional 160 shares during the period. Private Advisor Group LLC lifted its stake in Global X MLP & Energy Infrastructure ETF by 4.0% in the 4th quarter. Private Advisor Group LLC now owns 7,894 shares of the company’s stock valued at $478,000 after buying an additional 304 shares in the last quarter. KMG Fiduciary Partners LLC boosted its holdings in Global X MLP & Energy Infrastructure ETF by 0.7% in the 4th quarter. KMG Fiduciary Partners LLC now owns 57,858 shares of the company’s stock worth $3,504,000 after buying an additional 419 shares during the last quarter. MGB Wealth Management LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $28,000. Finally, Key Financial Inc purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at approximately $30,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX stock opened at $59.78 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $48.61 and a fifty-two week high of $67.47. The stock’s fifty day moving average is $60.84 and its two-hundred day moving average is $61.41. The firm has a market capitalization of $2.56 billion, a P/E ratio of 18.31 and a beta of 0.96.

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.