Royal Bank of Canada Has $30.18 Million Stock Position in Global X MLP & Energy Infrastructure ETF $MLPX

Royal Bank of Canada reduced its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 40.4% in the 1st quarter, Holdings Channel reports. The fund owned 408,136 shares of the company’s stock after selling 276,803 shares during the period. Royal Bank of Canada’s holdings in Global X MLP & Energy Infrastructure ETF were worth $30,178,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Fiduciary Alliance LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 11.0% in the fourth quarter. Fiduciary Alliance LLC now owns 107,013 shares of the company’s stock worth $6,478,000 after purchasing an additional 10,621 shares in the last quarter. Nottingham Advisors Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter worth approximately $3,528,000. Northwestern Mutual Wealth Management Co. grew 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 valued at $144,813,000 after purchasing an additional 2,367,818 shares in the last quarter. HB Wealth Management LLC grew its position in Global X MLP & Energy Infrastructure ETF by 251.0% during the first quarter. HB Wealth Management LLC now owns 11,603 shares of the company’s stock valued at $858,000 after purchasing an additional 8,297 shares in the last quarter. Finally, Decker Wealth Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the first quarter valued at approximately $27,700,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Global X MLP & Energy Infrastructure ETF stock opened at $74.16 on Wednesday. Global X MLP & Energy Infrastructure ETF has a twelve month low of $57.66 and a twelve month high of $78.36. The firm has a market cap of $3.59 billion, a PE ratio of 19.10 and a beta of 0.58. The firm’s 50 day moving average price is $74.27 and its two-hundred day moving average price is $72.19.

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.