MONECO Advisors LLC Purchases New Shares in Global X MLP & Energy Infrastructure ETF $MLPX

MONECO Advisors LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 11,079 shares of the company’s stock, valued at approximately $695,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MLPX. Goldman Sachs Group Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $217,000. Janney Montgomery Scott LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 20.9% during the second quarter. Janney Montgomery Scott LLC now owns 11,079 shares of the company’s stock valued at $694,000 after acquiring an additional 1,919 shares during the last quarter. Truist Financial Corp lifted its holdings in Global X MLP & Energy Infrastructure ETF by 9.8% during the second quarter. Truist Financial Corp now owns 17,517 shares of the company’s stock worth $1,098,000 after acquiring an additional 1,559 shares during the period. Ameritas Advisory Services LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the second quarter worth $128,000. Finally, IFP Advisors Inc boosted its position in Global X MLP & Energy Infrastructure ETF by 35.5% in the second quarter. IFP Advisors Inc now owns 722 shares of the company’s stock worth $45,000 after purchasing an additional 189 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA:MLPX opened at $66.99 on Friday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $53.54 and a 1 year high of $67.25. The company has a market capitalization of $2.92 billion, a PE ratio of 19.10 and a beta of 0.79. The business has a fifty day moving average price of $61.67 and a two-hundred day moving average price of $60.88.

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.