Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Reaches New 52-Week High – Here’s What Happened

Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $57.45 and last traded at $57.45, with a volume of 19041 shares traded. The stock had previously closed at $57.30.

Global X MLP & Energy Infrastructure ETF Stock Up 0.1 %

The firm has a market cap of $1.60 billion, a PE ratio of 18.89 and a beta of 0.54. The business has a 50-day moving average price of $54.03 and a two-hundred day moving average price of $51.46.

Institutional Trading of Global X MLP & Energy Infrastructure ETF

Large investors have recently made changes to their positions in the company. Evergreen Capital Management LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the second quarter valued at $22,083,000. Cetera Investment Advisers acquired a new position in Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $10,155,000. Envestnet Asset Management Inc. increased its stake in Global X MLP & Energy Infrastructure ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock valued at $21,115,000 after purchasing an additional 82,703 shares during the last quarter. Atria Investments Inc acquired a new stake in Global X MLP & Energy Infrastructure ETF during the first quarter worth approximately $3,988,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth approximately $2,605,000.

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.