Great Valley Advisor Group Inc. Buys New Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Great Valley Advisor Group Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,206 shares of the company’s stock, valued at approximately $937,000. Great Valley Advisor Group Inc. owned approximately 0.06% of Global X MLP & Energy Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in MLPX. Evergreen Capital Management LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth $22,083,000. Cetera Investment Advisers bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the first quarter valued at $10,155,000. Icon Wealth Advisors LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the third quarter valued at about $6,025,000. Envestnet Asset Management Inc. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 25.0% during the second 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 in the last quarter. Finally, Atria Investments Inc acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter worth about $3,988,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA MLPX opened at $62.85 on Tuesday. The firm’s 50-day simple moving average is $57.66 and its 200 day simple moving average is $53.63. The stock has a market cap of $1.77 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 $43.02 and a fifty-two week high of $64.72.

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.