Legacy Wealth Managment LLC ID Invests $701,000 in Global X MLP & Energy Infrastructure ETF $MLPX

Legacy Wealth Managment LLC ID bought a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,513 shares of the company’s stock, valued at approximately $701,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in Global X MLP & Energy Infrastructure ETF by 9,626.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after purchasing an additional 2,367,818 shares in the last quarter. Morgan Stanley lifted its stake in Global X MLP & Energy Infrastructure ETF by 8.6% during the fourth quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after buying an additional 848,899 shares in the last quarter. Two Sigma Investments LP purchased a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter valued at about $26,344,000. Decker Wealth Management LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the first quarter worth about $27,700,000. Finally, School Employees Retirement Board of Ohio acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the first quarter worth about $24,443,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Global X MLP & Energy Infrastructure ETF stock opened at $75.80 on Friday. The firm’s 50 day simple moving average is $74.95 and its 200-day simple moving average is $73.70. The company has a market cap of $3.67 billion, a P/E 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.

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.