Spinnaker Investment Group LLC Acquires 7,490 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Spinnaker Investment Group LLC increased its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 30.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,704 shares of the company’s stock after purchasing an additional 7,490 shares during the quarter. Global X MLP & Energy Infrastructure ETF accounts for 0.4% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 27th biggest position. Spinnaker Investment Group LLC owned 0.07% of Global X MLP & Energy Infrastructure ETF worth $2,335,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the first quarter valued at about $217,000. Russell Investments Group Ltd. increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 24,040.0% in the second quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock worth $76,000 after buying an additional 1,202 shares during the period. Walleye Capital LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at about $400,000. Qube Research & Technologies Ltd lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 111.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 100,330 shares of the company’s stock valued at $6,287,000 after acquiring an additional 52,869 shares during the last quarter. Finally, HUB Investment Partners LLC boosted its holdings in Global X MLP & Energy Infrastructure ETF by 6.9% during the 2nd quarter. HUB Investment Partners LLC now owns 6,475 shares of the company’s stock valued at $406,000 after acquiring an additional 420 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX opened at $73.57 on Tuesday. The stock’s 50 day simple moving average is $74.31 and its 200 day simple moving average is $72.51. Global X MLP & Energy Infrastructure ETF has a 1 year low of $57.66 and a 1 year high of $78.36. The firm 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 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.