Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Reaches New 52-Week High at $53.92

Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $53.92 and last traded at $53.87, with a volume of 13224 shares. The stock had previously closed at $53.37.

Global X MLP & Energy Infrastructure ETF Stock Down 0.5 %

The company’s fifty day simple moving average is $51.89 and its two-hundred day simple moving average is $49.43. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54.

Institutional Trading of Global X MLP & Energy Infrastructure ETF

Several institutional investors have recently modified their holdings of MLPX. Truist Financial Corp increased its stake in Global X MLP & Energy Infrastructure ETF by 2.6% in the 4th quarter. Truist Financial Corp now owns 13,400 shares of the company’s stock valued at $598,000 after buying an additional 343 shares during the last quarter. Choreo LLC raised its position in shares of Global X MLP & Energy Infrastructure ETF by 3.5% during the 4th quarter. Choreo LLC now owns 14,700 shares of the company’s stock valued at $656,000 after buying an additional 500 shares in the last quarter. Private Advisor Group LLC raised its position in Global X MLP & Energy Infrastructure ETF by 7.0% in the 4th quarter. Private Advisor Group LLC now owns 9,612 shares of the company’s stock worth $429,000 after purchasing an additional 632 shares during the period. Fielder Capital Group LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter worth $6,843,000. Finally, Principal Securities Inc. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $6,716,000.

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.