Fiduciary Trust Co Purchases 6,853 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Fiduciary Trust Co lifted its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 42.9% in the third quarter, HoldingsChannel.com reports. The firm owned 22,812 shares of the company’s stock after acquiring an additional 6,853 shares during the period. Fiduciary Trust Co’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Evergreen Capital Management LLC bought a new stake in Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at $22,083,000. Cetera Investment Advisers acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at about $10,155,000. Icon Wealth Advisors LLC bought a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at about $6,025,000. Envestnet Asset Management Inc. increased its stake in 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. Finally, Atria Investments Inc acquired a new position in Global X MLP & Energy Infrastructure ETF in the first quarter worth about $3,988,000.

Global X MLP & Energy Infrastructure ETF Trading Up 1.3 %

NYSEARCA MLPX opened at $64.32 on Friday. Global X MLP & Energy Infrastructure ETF has a 1-year low of $43.02 and a 1-year high of $64.72. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. The stock’s 50 day moving average is $58.40 and its two-hundred day moving average is $53.97.

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.