PNC Financial Services Group Inc. Boosts Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

PNC Financial Services Group Inc. boosted its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 3.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 456,443 shares of the company’s stock after buying an additional 14,487 shares during the period. PNC Financial Services Group Inc. owned approximately 1.62% of Global X MLP & Energy Infrastructure ETF worth $27,642,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MLPX. MGB Wealth Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $28,000. Key Financial Inc acquired a new stake in Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at $30,000. Cullen Frost Bankers Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at $31,000. Assetmark Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at $42,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at $51,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Global X MLP & Energy Infrastructure ETF stock opened at $60.00 on Monday. Global X MLP & Energy Infrastructure ETF has a one year low of $46.69 and a one year high of $67.47. The business has a fifty day moving average of $62.85 and a two-hundred day moving average of $59.58. The company has a market cap of $2.73 billion, a P/E ratio of 17.14 and a beta of 1.26.

Global X MLP & Energy Infrastructure ETF 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.