Northwestern Mutual Wealth Management Co. Purchases 2,367,818 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Northwestern Mutual Wealth Management Co. increased its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9,626.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,392,414 shares of the company’s stock after acquiring an additional 2,367,818 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.05% of Global X MLP & Energy Infrastructure ETF worth $144,813,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MLPX. Goldman Sachs Group Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth $217,000. Russell Investments Group Ltd. grew its position in Global X MLP & Energy Infrastructure ETF by 24,040.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock worth $76,000 after acquiring an additional 1,202 shares during the last quarter. Walleye Capital LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth $400,000. Qube Research & Technologies Ltd grew its position in Global X MLP & Energy Infrastructure ETF by 111.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 100,330 shares of the company’s stock worth $6,287,000 after acquiring an additional 52,869 shares during the last quarter. Finally, HUB Investment Partners LLC grew its position in Global X MLP & Energy Infrastructure ETF by 6.9% during the 2nd quarter. HUB Investment Partners LLC now owns 6,475 shares of the company’s stock worth $406,000 after acquiring an additional 420 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 0.9%

Shares of MLPX stock opened at $76.16 on Friday. The firm has a market capitalization of $3.54 billion, a P/E ratio of 19.10 and a beta of 0.60. Global X MLP & Energy Infrastructure ETF has a twelve month low of $57.66 and a twelve month high of $76.40. The stock’s fifty day simple moving average is $73.00 and its 200 day simple moving average is $66.25.

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.