Quantum Portfolio Management LLC Makes New $3.39 Million Investment in Global X MLP & Energy Infrastructure ETF $MLPX

Quantum Portfolio Management LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 54,047 shares of the company’s stock, valued at approximately $3,389,000. Global X MLP & Energy Infrastructure ETF comprises approximately 1.0% of Quantum Portfolio Management LLC’s holdings, making the stock its 22nd biggest position.

A number of other institutional investors also recently modified their holdings of the stock. Bank of America Corp DE grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 12.8% during the second quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock valued at $153,320,000 after purchasing an additional 277,692 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF by 19.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 543,697 shares of the company’s stock worth $34,068,000 after buying an additional 87,644 shares in the last quarter. Advisory Alpha LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 4.3% in the 2nd quarter. Advisory Alpha LLC now owns 396,663 shares of the company’s stock valued at $24,855,000 after buying an additional 16,486 shares during the last quarter. Curran Financial Partners LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 9.7% in the 3rd quarter. Curran Financial Partners LLC now owns 274,590 shares of the company’s stock valued at $17,220,000 after buying an additional 24,200 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 3.2% in the 2nd quarter. Cetera Investment Advisers now owns 258,139 shares of the company’s stock valued at $16,175,000 after buying an additional 7,893 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Up 1.5%

MLPX stock opened at $62.33 on Monday. Global X MLP & Energy Infrastructure ETF has a twelve month low of $53.54 and a twelve month high of $67.47. The company has a market cap of $2.71 billion, a P/E ratio of 19.10 and a beta of 0.79. The business has a fifty day moving average of $60.24 and a 200-day moving average of $60.54.

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.