Cresset Asset Management LLC Acquires 29,369 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Cresset Asset Management LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 364,226 shares of the company’s stock after purchasing an additional 29,369 shares during the quarter. Cresset Asset Management LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $22,077,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in MLPX. MGB Wealth Management LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at approximately $28,000. Key Financial Inc acquired a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $30,000. Creative Financial Designs Inc. ADV bought a new position in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth $30,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter worth $31,000. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $51,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA:MLPX opened at $59.84 on Wednesday. Global X MLP & Energy Infrastructure ETF has a 52 week low of $48.49 and a 52 week high of $67.47. The firm’s 50-day simple moving average is $60.95 and its 200 day simple moving average is $61.40. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 18.31 and a beta of 0.96.

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.