Clear Trail Advisors LLC Acquires 36,244 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Clear Trail Advisors LLC grew its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 1,021.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 39,791 shares of the company’s stock after acquiring an additional 36,244 shares during the period. Clear Trail Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,942,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MLPX. Ocean Park Asset Management LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter worth $3,845,000. Purpose Unlimited Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at $27,000. Rockefeller Capital Management L.P. increased its position in Global X MLP & Energy Infrastructure ETF by 166.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 31,992 shares of the company’s stock valued at $1,937,000 after purchasing an additional 19,973 shares during the period. World Investment Advisors bought a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter worth $315,000. Finally, Beacon Pointe Advisors LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 33.6% in the 4th quarter. Beacon Pointe Advisors LLC now owns 11,519 shares of the company’s stock worth $697,000 after purchasing an additional 2,895 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 1.1%

NYSEARCA:MLPX opened at $73.02 on Tuesday. The company has a 50-day moving average price of $73.45 and a 200-day moving average price of $69.00. Global X MLP & Energy Infrastructure ETF has a 12 month low of $57.66 and a 12 month high of $78.36. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 19.10 and a beta of 0.58.

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.