50,272 Shares in Global X MLP & Energy Infrastructure ETF $MLPX Acquired by Courier Capital LLC

Courier Capital LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 50,272 shares of the company’s stock, valued at approximately $3,510,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Steel Grove Capital Advisors LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 5.7% in the third quarter. Steel Grove Capital Advisors LLC now owns 9,468 shares of the company’s stock worth $661,000 after purchasing an additional 514 shares in the last quarter. First Heartland Consultants Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF during the third quarter worth $281,000. Farther Finance Advisors LLC grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 2.9% during the third quarter. Farther Finance Advisors LLC now owns 116,375 shares of the company’s stock worth $8,125,000 after purchasing an additional 3,282 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 21.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,176 shares of the company’s stock worth $1,265,000 after purchasing an additional 2,997 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 326,689 shares of the company’s stock valued at $24,064,000 after buying an additional 9,679 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA:MLPX traded up $0.72 during midday trading on Tuesday, reaching $73.55. The company’s stock had a trading volume of 405,290 shares, compared to its average volume of 407,666. The business’s fifty day simple moving average is $73.82 and its 200-day simple moving average is $73.94. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $78.36. The company has a market capitalization of $3.59 billion, a P/E ratio of 19.10 and a beta of 0.63.

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.