Journey Advisory Group LLC Takes Position in Global X MLP & Energy Infrastructure ETF $MLPX

Journey Advisory Group LLC bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,400 shares of the company’s stock, valued at approximately $2,322,000.

Several other hedge funds have also recently made changes to their positions in MLPX. Fiduciary Alliance LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 11.0% during the fourth quarter. Fiduciary Alliance LLC now owns 107,013 shares of the company’s stock worth $6,478,000 after purchasing an additional 10,621 shares during the period. Tcfg Wealth Management LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $1,728,000. JPMorgan Chase & Co. increased its holdings in Global X MLP & Energy Infrastructure ETF by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 349,771 shares of the company’s stock worth $21,934,000 after buying an additional 14,677 shares during the period. Payne Capital Management LLC increased its holdings in Global X MLP & Energy Infrastructure ETF by 15.4% in the 3rd quarter. Payne Capital Management LLC now owns 404,118 shares of the company’s stock worth $25,342,000 after buying an additional 53,806 shares during the period. Finally, Spinnaker Investment Group LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $1,266,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $75.51 on Thursday. The stock has a market cap of $3.58 billion, a PE ratio of 19.10 and a beta of 0.57. The firm has a fifty day moving average price of $74.24 and a 200 day moving average price of $70.69. Global X MLP & Energy Infrastructure ETF has a 1 year low of $57.66 and a 1 year 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.