Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Sets New 52-Week High at $51.26

Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.26 and last traded at $50.79, with a volume of 23347 shares changing hands. The stock had previously closed at $51.05.

Global X MLP & Energy Infrastructure ETF Stock Up 0.8 %

The company has a market cap of $1.45 billion, a PE ratio of 18.89 and a beta of 0.54. The company has a 50-day moving average of $49.62 and a 200-day moving average of $47.25.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of MLPX. EverSource Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the first quarter worth $28,000. JNBA Financial Advisors purchased a new position in Global X MLP & Energy Infrastructure ETF in the fourth quarter worth $36,000. Oakworth Capital Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF in the fourth quarter worth $45,000. Global Retirement Partners LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 142.6% in the fourth quarter. Global Retirement Partners LLC now owns 2,067 shares of the company’s stock worth $92,000 after purchasing an additional 1,215 shares during the last quarter. Finally, Inscription Capital LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the first quarter worth $220,000.

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.