PNC Financial Services Group Inc. Acquires 3,533 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

PNC Financial Services Group Inc. increased its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 433,797 shares of the company’s stock after purchasing an additional 3,533 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $19,356,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JNBA Financial Advisors acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at about $36,000. Oakworth Capital Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $45,000. Global Retirement Partners LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 142.6% in the fourth quarter. Global Retirement Partners LLC now owns 2,067 shares of the company’s stock worth $92,000 after purchasing an additional 1,215 shares during the last quarter. NBC Securities Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $164,000. Finally, Blair William & Co. IL boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 5,750.0% during the third quarter. Blair William & Co. IL now owns 4,680 shares of the company’s stock valued at $198,000 after buying an additional 4,600 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Down 0.1 %

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $50.45 on Wednesday. The stock has a fifty day simple moving average of $48.64 and a 200 day simple moving average of $45.97. Global X MLP & Energy Infrastructure ETF has a 12-month low of $38.30 and a 12-month high of $50.67. The company has a market capitalization of $1.42 billion, a P/E ratio of 18.89 and a beta of 0.54.

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.