SOL Capital Management CO Raises Stock Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

SOL Capital Management CO raised its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 85,150 shares of the company’s stock after purchasing an additional 900 shares during the quarter. SOL Capital Management CO owned 0.30% of Global X MLP & Energy Infrastructure ETF worth $5,157,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MLPX. Marshall Wace LLP grew 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 153.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,605 shares of the company’s stock worth $490,000 after purchasing an additional 5,808 shares during the last quarter. Truist Financial Corp increased its position in shares of Global X MLP & Energy Infrastructure ETF by 230.0% in the 2nd quarter. Truist Financial Corp now owns 24,779 shares of the company’s stock worth $1,265,000 after purchasing an additional 17,270 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 8.2% in the 2nd quarter. Cetera Investment Advisers now owns 224,248 shares of the company’s stock valued at $11,448,000 after purchasing an additional 16,951 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth about $209,000.

Global X MLP & Energy Infrastructure ETF Stock Up 1.4 %

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $64.50 on Friday. The business has a 50-day moving average price of $62.45 and a 200 day moving average price of $57.63. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $43.12 and a fifty-two week high of $67.47. The firm has a market cap of $1.82 billion, a P/E ratio of 18.89 and a beta of 0.54.

Global X MLP & Energy Infrastructure ETF Company 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.