Private Portfolio Partners LLC Invests $216,000 in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Private Portfolio Partners LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the fourth quarter, Holdings Channel.com reports. The fund acquired 3,562 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 26.6% in the 4th quarter. LPL Financial LLC now owns 1,095,827 shares of the company’s stock valued at $66,363,000 after buying an additional 230,052 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF by 3.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 456,443 shares of the company’s stock valued at $27,642,000 after acquiring an additional 14,487 shares during the last quarter. GenTrust LLC grew its position in Global X MLP & Energy Infrastructure ETF by 6.0% in the fourth quarter. GenTrust LLC now owns 320,801 shares of the company’s stock worth $19,445,000 after acquiring an additional 18,108 shares during the period. JPMorgan Chase & Co. increased its stake in Global X MLP & Energy Infrastructure ETF by 63.0% during the fourth quarter. JPMorgan Chase & Co. now owns 306,917 shares of the company’s stock worth $18,587,000 after acquiring an additional 118,569 shares during the last quarter. Finally, Curran Financial Partners LLC raised its position in Global X MLP & Energy Infrastructure ETF by 3.2% in the fourth quarter. Curran Financial Partners LLC now owns 227,734 shares of the company’s stock valued at $13,792,000 after purchasing an additional 7,005 shares during the period.

Global X MLP & Energy Infrastructure ETF Trading Up 0.9 %

NYSEARCA MLPX opened at $65.02 on Thursday. The stock has a fifty day simple moving average of $62.87 and a 200-day simple moving average of $60.78. The stock has a market cap of $2.83 billion, a PE ratio of 19.62 and a beta of 0.96. Global X MLP & Energy Infrastructure ETF has a twelve month low of $46.69 and a twelve month high of $67.47.

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.