Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Reaches New 1-Year High at $55.22

Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.22 and last traded at $55.21, with a volume of 737873 shares trading hands. The stock had previously closed at $54.44.

Global X MLP & Energy Infrastructure ETF Stock Up 1.4 %

The company has a 50-day moving average price of $52.90 and a 200-day moving average price of $50.51. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54.

Hedge Funds Weigh In On Global X MLP & Energy Infrastructure ETF

Large investors have recently made changes to their positions in the business. Great Diamond Partners LLC boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 0.7% in the first quarter. Great Diamond Partners LLC now owns 36,487 shares of the company’s stock worth $1,787,000 after buying an additional 265 shares during the period. CoreFirst Bank & Trust lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1.2% in the first quarter. CoreFirst Bank & Trust now owns 23,098 shares of the company’s stock valued at $1,132,000 after purchasing an additional 265 shares in the last quarter. Atria Wealth Solutions Inc. boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 0.5% in the second quarter. Atria Wealth Solutions Inc. now owns 61,304 shares of the company’s stock worth $3,130,000 after buying an additional 320 shares during the period. Capital Advisors Ltd. LLC grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 51.5% during the second quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock valued at $54,000 after buying an additional 359 shares in the last quarter. Finally, Aurora Private Wealth Inc. lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 2.1% in the second quarter. Aurora Private Wealth Inc. now owns 17,744 shares of the company’s stock worth $906,000 after purchasing an additional 363 shares in the last quarter.

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.