WealthCare Investment Partners LLC Invests $1.22 Million in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

WealthCare Investment Partners LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,761 shares of the company’s stock, valued at approximately $1,219,000. WealthCare Investment Partners LLC owned about 0.07% of Global X MLP & Energy Infrastructure ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have 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 4th quarter valued at about $28,000. Key Financial Inc purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter worth approximately $30,000. Hara Capital LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter worth approximately $33,000. Assetmark Inc. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter worth approximately $42,000. Finally, Sunbelt Securities Inc. lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 276.3% in the third quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock worth $61,000 after purchasing an additional 829 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

NYSEARCA MLPX opened at $63.24 on Thursday. The company has a 50 day simple moving average of $62.49 and a 200-day simple moving average of $58.73. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 52-week low of $44.89 and a 52-week high of $67.47.

About Global X MLP & Energy Infrastructure ETF

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.