Truist Financial Corp Boosts Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Truist Financial Corp boosted its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 230.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,779 shares of the company’s stock after buying an additional 17,270 shares during the quarter. Truist Financial Corp owned 0.09% of Global X MLP & Energy Infrastructure ETF worth $1,265,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 1st quarter worth about $28,000. Capital Advisors Ltd. LLC raised its position in Global X MLP & Energy Infrastructure ETF by 51.5% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock worth $54,000 after buying an additional 359 shares during the last quarter. MCF Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth about $64,000. Opal Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth about $64,000. Finally, Carolinas Wealth Consulting LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth about $67,000.

Global X MLP & Energy Infrastructure ETF Stock Up 1.6 %

NYSEARCA MLPX opened at $57.30 on Friday. Global X MLP & Energy Infrastructure ETF has a 52 week low of $41.81 and a 52 week high of $57.30. The firm has a market capitalization of $1.61 billion, a P/E ratio of 18.89 and a beta of 0.54. The company has a 50-day moving average price of $53.79 and a 200-day moving average price of $51.30.

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.