Menlo Advisors LLC Has $8.54 Million Stock Position in Global X MLP & Energy Infrastructure ETF $MLPX

Menlo Advisors LLC raised its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 16.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,872 shares of the company’s stock after acquiring an additional 16,620 shares during the quarter. Global X MLP & Energy Infrastructure ETF makes up approximately 3.8% of Menlo Advisors LLC’s investment portfolio, making the stock its 11th largest position. Menlo Advisors LLC owned 0.24% of Global X MLP & Energy Infrastructure ETF worth $8,535,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MLPX. Advisory Services Network LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 0.7% in the 2nd quarter. Advisory Services Network LLC now owns 28,092 shares of the company’s stock valued at $1,747,000 after buying an additional 184 shares during the last quarter. Fielder Capital Group LLC grew its holdings in Global X MLP & Energy Infrastructure ETF by 1.4% in the fourth quarter. Fielder Capital Group LLC now owns 13,284 shares of the company’s stock worth $804,000 after purchasing an additional 188 shares during the period. Comprehensive Money Management Services LLC increased its position in Global X MLP & Energy Infrastructure ETF by 3.7% in the 1st quarter. Comprehensive Money Management Services LLC now owns 5,285 shares of the company’s stock valued at $391,000 after buying an additional 190 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 26.4% during the fourth quarter. IFP Advisors Inc now owns 938 shares of the company’s stock valued at $57,000 after acquiring an additional 196 shares in the last quarter. Finally, Firestone Capital Management increased its stake in Global X MLP & Energy Infrastructure ETF by 3.2% during the 2nd quarter. Firestone Capital Management now owns 7,823 shares of the company’s stock valued at $576,000 after purchasing an additional 245 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX opened at $75.26 on Friday. The stock has a 50 day moving average price of $75.16 and a two-hundred day moving average price of $73.92. Global X MLP & Energy Infrastructure ETF has a 52 week low of $57.66 and a 52 week high of $78.36. The firm has a market capitalization of $3.65 billion, a P/E ratio of 19.10 and a beta of 0.58.

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.