Sharpepoint LLC Makes New Investment in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Sharpepoint LLC bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the fourth quarter, Holdings Channel.com reports. The firm bought 5,720 shares of the company’s stock, valued at approximately $346,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. MGB Wealth Management LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter worth $28,000. Key Financial Inc purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $30,000. Creative Financial Designs Inc. ADV purchased a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth about $30,000. Cullen Frost Bankers Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth about $31,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at about $51,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $60.58 on Friday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $47.75 and a 1 year high of $67.47. The company has a market capitalization of $2.63 billion, a P/E ratio of 19.62 and a beta of 0.96. The company has a 50 day simple moving average of $61.38 and a 200-day simple moving average of $61.10.

About Global X MLP & Energy Infrastructure ETF

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.