Wakefield Asset Management LLLP Invests $656,000 in Global X MLP & Energy Infrastructure ETF $MLPX

Wakefield Asset Management LLLP purchased a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the fourth quarter, Holdings Channel reports. The firm purchased 10,845 shares of the company’s stock, valued at approximately $656,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fifth Third Bancorp lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 709.9% during the third quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock valued at $36,000 after acquiring an additional 504 shares during the period. Blume Capital Management Inc. lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 493.8% during the third quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock valued at $60,000 after acquiring an additional 800 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 24,040.0% during the second quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock valued at $76,000 after acquiring an additional 1,202 shares during the period. Glass Jacobson Investment Advisors llc bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at $106,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 66.8% during the third quarter. Sunbelt Securities Inc. now owns 1,883 shares of the company’s stock valued at $118,000 after acquiring an additional 754 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA MLPX opened at $76.16 on Friday. The stock has a market cap of $3.54 billion, a PE ratio of 19.10 and a beta of 0.60. The business has a fifty day moving average of $73.00 and a two-hundred day moving average of $66.25. Global X MLP & Energy Infrastructure ETF has a 52-week low of $57.66 and a 52-week high of $76.40.

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.