Blume Capital Management Inc. Grows Holdings in Global X MLP & Energy Infrastructure ETF $MLPX

Blume Capital Management Inc. increased its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 6,799.9% in the 4th quarter, HoldingsChannel reports. The fund owned 66,377 shares of the company’s stock after buying an additional 65,415 shares during the quarter. Blume Capital Management Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $4,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MLPX. Goldman Sachs Group Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF in the 1st quarter worth approximately $217,000. Russell Investments Group Ltd. increased its holdings in Global X MLP & Energy Infrastructure ETF by 24,040.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock worth $76,000 after acquiring an additional 1,202 shares in the last quarter. Walleye Capital LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth approximately $400,000. Qube Research & Technologies Ltd boosted its stake in Global X MLP & Energy Infrastructure ETF by 111.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 100,330 shares of the company’s stock worth $6,287,000 after purchasing an additional 52,869 shares during the period. Finally, HUB Investment Partners LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 6.9% in the 2nd quarter. HUB Investment Partners LLC now owns 6,475 shares of the company’s stock worth $406,000 after purchasing an additional 420 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX stock opened at $76.16 on Monday. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $76.40. The company has a market capitalization of $3.54 billion, a price-to-earnings ratio of 19.10 and a beta of 0.60. The business has a 50 day simple moving average of $73.00 and a two-hundred day simple moving average of $66.30.

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.