Sonora Investment Management Group LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 4,040 shares of the company’s stock, valued at approximately $245,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hara Capital LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $33,000. Assetmark Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $42,000. Adirondack Trust Co. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $55,000. Sunbelt Securities Inc. boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 276.3% in the 3rd 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. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $65,000.
Global X MLP & Energy Infrastructure ETF Trading Down 2.9 %
Shares of NYSEARCA MLPX opened at $62.61 on Friday. The firm has a market capitalization of $1.76 billion, a PE ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 1 year low of $43.12 and a 1 year high of $67.47. The firm’s 50-day moving average is $62.46 and its 200-day moving average is $57.68.
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.
Further Reading
- Five stocks we like better than Global X MLP & Energy Infrastructure ETF
- What Do S&P 500 Stocks Tell Investors About the Market?
- Nebius Group: Market Overreaction or Real AI Disruption?
- ESG Stocks, What Investors Should Know
- The Best Way to Invest in Gold Is…
- Golden Cross Stocks: Pattern, Examples and Charts
- Why Nike Stock Could Be 2025’s Top Comeback Play
Want to see what other hedge funds are holding MLPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report).
Receive News & Ratings for Global X MLP & Energy Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP & Energy Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
