Seascape Capital Management Buys New Shares in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Seascape Capital Management purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 71,243 shares of the company’s stock, valued at approximately $4,314,000. Global X MLP & Energy Infrastructure ETF accounts for 1.5% of Seascape Capital Management’s investment portfolio, making the stock its 20th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. MGB Wealth Management LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at approximately $28,000. Hara Capital LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at approximately $33,000. Assetmark Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at $42,000. Sunbelt Securities Inc. lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 276.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock worth $61,000 after purchasing an additional 829 shares during the last quarter. Finally, Advisors Asset Management Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the third quarter worth $65,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Global X MLP & Energy Infrastructure ETF stock opened at $62.36 on Friday. The stock’s fifty day moving average is $62.38 and its two-hundred day moving average is $58.51. The stock has a market cap 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 $43.42 and a 1-year high of $67.47.

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.