3,640 Shares in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Bought by Brookstone Capital Management

Brookstone Capital Management bought a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 3,640 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after acquiring an additional 82,703 shares during the period. Blair William & Co. IL increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 34.7% in the second quarter. Blair William & Co. IL now owns 3,880 shares of the company’s stock valued at $198,000 after purchasing an additional 1,000 shares during the period. Steel Grove Capital Advisors LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 44.0% during the second quarter. Steel Grove Capital Advisors LLC now owns 7,251 shares of the company’s stock valued at $370,000 after buying an additional 2,214 shares during the last quarter. Evergreen Capital Management LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth approximately $22,083,000. Finally, Marshall Wace LLP boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 22.3% during the second quarter. Marshall Wace LLP now owns 19,122 shares of the company’s stock worth $976,000 after buying an additional 3,483 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX opened at $66.05 on Monday. The firm’s 50 day moving average is $61.86 and its 200-day moving average is $56.91. Global X MLP & Energy Infrastructure ETF has a 12-month low of $43.12 and a 12-month high of $66.41. The stock has a market capitalization of $1.86 billion, a P/E ratio of 18.89 and a beta of 0.54.

About Global X MLP & Energy Infrastructure ETF

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.