Ausdal Financial Partners Inc. Boosts Stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Ausdal Financial Partners Inc. boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPXFree Report) by 17.0% in the 4th quarter, Holdings Channel reports. The fund owned 9,368 shares of the company’s stock after acquiring an additional 1,364 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $567,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. MGB Wealth Management LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at approximately $28,000. Key Financial Inc acquired a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth $30,000. Creative Financial Designs Inc. ADV purchased a new stake in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $30,000. Cullen Frost Bankers Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $31,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter worth $51,000.

Global X MLP & Energy Infrastructure ETF Stock Down 1.1 %

NYSEARCA MLPX opened at $63.98 on Friday. Global X MLP & Energy Infrastructure ETF has a 52 week low of $46.69 and a 52 week high of $67.47. The business’s fifty day simple moving average is $63.03 and its 200-day simple moving average is $60.42. The firm has a market cap of $2.80 billion, a PE ratio of 18.91 and a beta of 1.25.

Global X MLP & Energy Infrastructure ETF Profile

(Free Report)

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

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:MLPXFree Report).

Institutional Ownership by Quarter for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

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.