Quantum Portfolio Management LLC trimmed its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) by 37.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,934 shares of the company’s stock after selling 13,777 shares during the quarter. Quantum Portfolio Management LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,696,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 9,626.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after acquiring an additional 2,367,818 shares in the last quarter. Morgan Stanley lifted its position in Global X MLP & Energy Infrastructure ETF by 8.6% in the 4th quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after acquiring an additional 848,899 shares in the last quarter. Two Sigma Investments LP acquired a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth $26,344,000. School Employees Retirement Board of Ohio bought a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth about $24,443,000. Finally, Bank of America Corp DE raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 12.8% in the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock valued at $153,320,000 after purchasing an additional 277,692 shares during the period.
Global X MLP & Energy Infrastructure ETF Stock Performance
NYSEARCA:MLPX opened at $75.66 on Thursday. The company has a market cap of $3.57 billion, a PE ratio of 19.10 and a beta of 0.57. Global X MLP & Energy Infrastructure ETF has a 52-week low of $57.66 and a 52-week high of $78.36. The stock has a 50-day simple moving average of $74.12 and a 200 day simple moving average of $70.15.
Global X MLP & Energy Infrastructure ETF 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.
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