Kestra Advisory Services LLC Has $2.67 Million Position in Global X MLP & Energy Infrastructure ETF $MLPX

Kestra Advisory Services LLC boosted its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 36.9% during the first quarter, Holdings Channel reports. The fund owned 36,040 shares of the company’s stock after purchasing an additional 9,714 shares during the period. Kestra Advisory Services LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MLPX. Northwestern Mutual Wealth Management Co. boosted its position in Global X MLP & Energy Infrastructure ETF by 9,626.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after purchasing an additional 2,367,818 shares during the period. Morgan Stanley raised its position in shares of Global X MLP & Energy Infrastructure ETF by 8.6% in the fourth quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after purchasing an additional 848,899 shares during the period. Two Sigma Investments LP bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at about $26,344,000. School Employees Retirement Board of Ohio acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter worth about $24,443,000. Finally, Bank of America Corp DE lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 12.8% during the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after buying an additional 277,692 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX stock opened at $76.36 on Friday. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 19.10 and a beta of 0.57. The company has a 50-day simple moving average of $74.37 and a 200 day simple moving average of $70.84. Global X MLP & Energy Infrastructure ETF has a 52 week low of $57.66 and a 52 week high of $78.36.

Global X MLP & Energy Infrastructure ETF Company 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.