Legacy Capital Group California Inc. Purchases Shares of 4,486 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Legacy Capital Group California Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,486 shares of the company’s stock, valued at approximately $244,000.

Several other hedge funds also recently added to or reduced their stakes in MLPX. Evergreen Capital Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the second quarter valued at approximately $22,083,000. Cetera Investment Advisers acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $10,155,000. Envestnet Asset Management Inc. boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock valued at $21,115,000 after acquiring an additional 82,703 shares during the period. Atria Investments Inc acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $3,988,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the second quarter valued at approximately $2,605,000.

Global X MLP & Energy Infrastructure ETF Trading Down 0.5 %

MLPX stock opened at $57.04 on Friday. The company has a market capitalization of $1.61 billion, a P/E ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a twelve month low of $41.81 and a twelve month high of $57.68. The business has a 50 day simple moving average of $54.87 and a 200-day simple moving average of $51.87.

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.