Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 386,881 shares were traded during trading, an increase of 93% from the previous session’s volume of 200,827 shares.The stock last traded at $56.90 and had previously closed at $56.41.
Global X MLP & Energy Infrastructure ETF Trading Up 1.1 %
The business has a 50-day moving average price of $53.68 and a 200 day moving average price of $51.24. The stock has a market capitalization of $1.61 billion, a P/E ratio of 18.89 and a beta of 0.54.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Adirondack Trust Co. purchased a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $55,000. CWM LLC lifted its position in Global X MLP & Energy Infrastructure ETF by 8.6% in the third quarter. CWM LLC now owns 21,251 shares of the company’s stock worth $1,157,000 after buying an additional 1,689 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 0.7% during the third quarter. Dynamic Advisor Solutions LLC now owns 78,449 shares of the company’s stock worth $4,270,000 after buying an additional 523 shares during the period. HBW Advisory Services LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 2.7% during the third quarter. HBW Advisory Services LLC now owns 10,146 shares of the company’s stock worth $552,000 after buying an additional 271 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the second quarter valued at $209,000.
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.
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