Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Reaches New 12-Month High – Here’s What Happened

Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) hit a new 52-week high during trading on Monday . The stock traded as high as $64.50 and last traded at $63.90, with a volume of 10540 shares. The stock had previously closed at $64.20.

Global X MLP & Energy Infrastructure ETF Trading Down 2.2 %

The stock has a fifty day simple moving average of $57.49 and a two-hundred day simple moving average of $53.54. The firm has a market cap of $1.77 billion, a PE ratio of 18.89 and a beta of 0.54.

Institutional Trading of Global X MLP & Energy Infrastructure ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the first quarter worth $28,000. Hara Capital LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at about $33,000. Assetmark Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $42,000. Adirondack Trust Co. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth $55,000. Finally, Capital Advisors Ltd. LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 51.5% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock worth $54,000 after acquiring an additional 359 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Company 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.