KMG Fiduciary Partners LLC Has $3.50 Million Stock Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

KMG Fiduciary Partners LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,858 shares of the company’s stock after acquiring an additional 419 shares during the period. KMG Fiduciary Partners LLC owned about 0.21% of Global X MLP & Energy Infrastructure ETF worth $3,504,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of MLPX. Evergreen Capital Management LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth $22,083,000. Icon Wealth Advisors LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the third quarter worth $6,025,000. Envestnet Asset Management Inc. raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 25.0% during the second quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after acquiring an additional 82,703 shares in the last quarter. Menlo Advisors LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1,302.3% during the third quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock worth $4,430,000 after acquiring an additional 75,597 shares in the last quarter. Finally, Transform Wealth LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 109.1% during the third quarter. Transform Wealth LLC now owns 65,455 shares of the company’s stock valued at $3,563,000 after buying an additional 34,148 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

NYSEARCA MLPX opened at $65.65 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $43.12 and a fifty-two week high of $65.65. The stock’s 50-day moving average is $61.75 and its two-hundred day moving average is $56.73. The firm has a market cap of $1.85 billion, a P/E ratio of 18.89 and a beta of 0.54.

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.