Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 3.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 456,443 shares of the company’s stock after acquiring an additional 14,487 shares during the period. PNC Financial Services Group Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $27,642,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 39.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 5,908 shares of the company’s stock worth $322,000 after buying an additional 1,660 shares during the last quarter. FMR LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 8.5% during the 3rd quarter. FMR LLC now owns 3,676 shares of the company’s stock worth $200,000 after buying an additional 288 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 35.4% during the 3rd quarter. HighTower Advisors LLC now owns 7,406 shares of the company’s stock worth $407,000 after buying an additional 1,938 shares during the last quarter. Brookstone Capital Management acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth $220,000. Finally, D.A. Davidson & CO. raised its stake in Global X MLP & Energy Infrastructure ETF by 30.6% in the 4th quarter. D.A. Davidson & CO. now owns 9,388 shares of the company’s stock valued at $569,000 after purchasing an additional 2,200 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 0.7 %

Shares of MLPX stock opened at $60.00 on Monday. The firm has a 50-day moving average price of $62.85 and a 200 day moving average price of $59.58. Global X MLP & Energy Infrastructure ETF has a twelve month low of $46.69 and a twelve month high of $67.47. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 17.14 and a beta of 1.26.

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.