Fiduciary Alliance LLC Grows Stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Fiduciary Alliance LLC grew its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 27.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 94,154 shares of the company’s stock after purchasing an additional 20,138 shares during the quarter. Fiduciary Alliance LLC owned approximately 0.33% of Global X MLP & Energy Infrastructure ETF worth $5,702,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Hara Capital LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth $33,000. Assetmark Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $42,000. Adirondack Trust Co. purchased a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter worth $55,000. Sunbelt Securities Inc. grew its holdings in Global X MLP & Energy Infrastructure ETF by 276.3% in the third quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock valued at $61,000 after purchasing an additional 829 shares during the last quarter. Finally, Advisors Asset Management Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth $65,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA MLPX traded up $0.44 during trading hours on Monday, reaching $62.64. The company’s stock had a trading volume of 80,605 shares, compared to its average volume of 533,926. The company’s 50-day moving average is $61.31 and its two-hundred day moving average is $56.44. The stock has a market cap of $1.76 billion, a PE ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $43.12 and a fifty-two week high of $64.72.

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.