Evergreen Capital Management LLC Buys Shares of 432,576 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Evergreen Capital Management LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 432,576 shares of the company’s stock, valued at approximately $22,083,000. Global X MLP & Energy Infrastructure ETF makes up approximately 0.8% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 20th biggest position. Evergreen Capital Management LLC owned about 1.54% of Global X MLP & Energy Infrastructure ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in MLPX. UBS Group AG lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 0.9% during the fourth quarter. UBS Group AG now owns 308,376 shares of the company’s stock worth $13,760,000 after purchasing an additional 2,799 shares in the last quarter. Stifel Financial Corp raised its holdings in Global X MLP & Energy Infrastructure ETF by 130.0% in the fourth quarter. Stifel Financial Corp now owns 190,193 shares of the company’s stock valued at $8,486,000 after acquiring an additional 107,496 shares in the last quarter. ORBA Wealth Advisors L.L.C. acquired a new stake in Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at approximately $461,000. Cetera Advisor Networks LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 1.4% in the fourth quarter. Cetera Advisor Networks LLC now owns 156,906 shares of the company’s stock valued at $7,001,000 after acquiring an additional 2,118 shares in the last quarter. Finally, Bollard Group LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 1.4% in the fourth quarter. Bollard Group LLC now owns 42,283 shares of the company’s stock valued at $1,887,000 after acquiring an additional 573 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 0.6 %

Shares of NYSEARCA:MLPX opened at $54.44 on Monday. The firm’s 50 day moving average price is $52.90 and its 200 day moving average price is $50.51. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $40.38 and a fifty-two week high of $55.08.

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.