NewEdge Advisors LLC Acquires 15,853 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

NewEdge Advisors LLC grew its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 20.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,123 shares of the company’s stock after acquiring an additional 15,853 shares during the period. NewEdge Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $6,885,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MLPX. Purpose Unlimited Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $27,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF during the first quarter worth approximately $29,000. Private Wealth Asset Management LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth $30,000. Simplex Trading LLC increased its stake in Global X MLP & Energy Infrastructure ETF by 247.9% during the 4th quarter. Simplex Trading LLC now owns 508 shares of the company’s stock worth $31,000 after acquiring an additional 362 shares during the period. Finally, Clearstead Advisors LLC acquired a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $49,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA:MLPX opened at $73.57 on Tuesday. The company has a market cap of $3.56 billion, a price-to-earnings ratio of 19.10 and a beta of 0.58. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $78.36. The stock has a fifty day moving average price of $74.31 and a 200-day moving average price of $72.51.

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.