Nova Wealth Management Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,919 shares of the company’s stock, valued at approximately $186,000.
Other hedge funds have also recently added to or reduced their stakes in the company. NorthRock Partners LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $38,000. Cullen Frost Bankers Inc. boosted its position in Global X MLP & Energy Infrastructure ETF by 81.1% in the first quarter. Cullen Frost Bankers Inc. now owns 929 shares of the company’s stock valued at $59,000 after buying an additional 416 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $64,000. Opal Wealth Advisors LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $68,000. Finally, SVB Wealth LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $80,000.
Global X MLP & Energy Infrastructure ETF Price Performance
Shares of Global X MLP & Energy Infrastructure ETF stock opened at $61.30 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $53.53 and a fifty-two week high of $67.47. The firm has a market capitalization of $2.60 billion, a P/E ratio of 19.10 and a beta of 1.30. The company’s 50 day moving average price is $60.94 and its two-hundred day moving average price is $61.07.
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.
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