Investors Research Corp Has $708,000 Stock Position in Global X MLP & Energy Infrastructure ETF $MLPX

Investors Research Corp lessened its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 58.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,612 shares of the company’s stock after selling 13,565 shares during the period. Investors Research Corp’s holdings in Global X MLP & Energy Infrastructure ETF were worth $708,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Morgan Stanley boosted its position 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 purchasing an additional 848,899 shares during the last quarter. Bank of America Corp DE increased its position in shares of Global X MLP & Energy Infrastructure ETF by 12.8% during the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after purchasing an additional 277,692 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 9,626.8% during 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 during the last quarter. Wells Fargo & Company MN raised its position in Global X MLP & Energy Infrastructure ETF by 16.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,206,576 shares of the company’s stock worth $73,034,000 after acquiring an additional 171,290 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Global X MLP & Energy Infrastructure ETF by 11.3% in the first quarter. PNC Financial Services Group Inc. now owns 513,075 shares of the company’s stock valued at $37,937,000 after acquiring an additional 52,131 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX opened at $74.33 on Thursday. The firm has a 50-day moving average of $74.34 and a 200-day moving average of $72.67. Global X MLP & Energy Infrastructure ETF has a one year low of $57.66 and a one year high of $78.36. The company has a market cap of $3.60 billion, a PE ratio of 19.10 and a beta of 0.58.

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.