PNC Financial Services Group Inc. Has $37.94 Million Stock Holdings in Global X MLP & Energy Infrastructure ETF $MLPX

PNC Financial Services Group Inc. grew its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 11.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 513,075 shares of the company’s stock after buying an additional 52,131 shares during the period. PNC Financial Services Group Inc. owned approximately 1.10% of Global X MLP & Energy Infrastructure ETF worth $37,937,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Purpose Unlimited Inc. bought a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth about $27,000. Turtle Creek Wealth Advisors LLC bought a new stake in Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at about $29,000. Private Wealth Asset Management LLC bought a new stake in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at about $30,000. Simplex Trading LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 247.9% during the 4th quarter. Simplex Trading LLC now owns 508 shares of the company’s stock worth $31,000 after purchasing an additional 362 shares in the last quarter. Finally, Clearstead Advisors LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $49,000.

Global X MLP & Energy Infrastructure ETF Trading Up 0.8%

Shares of MLPX opened at $77.56 on Friday. Global X MLP & Energy Infrastructure ETF has a 12 month low of $57.66 and a 12 month high of $78.36. The firm’s 50 day moving average is $74.57 and its 200-day moving average is $71.37. The stock has a market capitalization of $3.72 billion, a PE ratio of 19.10 and a beta of 0.57.

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.