PNC Financial Services Group Inc. Sells 31,806 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

PNC Financial Services Group Inc. lowered its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 6.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 460,944 shares of the company’s stock after selling 31,806 shares during the period. PNC Financial Services Group Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $27,901,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Global X MLP & Energy Infrastructure ETF by 12.8% in the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after acquiring an additional 277,692 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Global X MLP & Energy Infrastructure ETF by 9,626.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after acquiring an additional 2,367,818 shares in the last quarter. Two Sigma Investments LP bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $26,344,000. Advisory Alpha LLC raised its position in shares of Global X MLP & Energy Infrastructure ETF by 5.0% in the 3rd quarter. Advisory Alpha LLC now owns 416,546 shares of the company’s stock worth $25,898,000 after acquiring an additional 19,883 shares in the last quarter. Finally, Payne Capital Management LLC raised its position in shares of Global X MLP & Energy Infrastructure ETF by 1.9% in the 4th quarter. Payne Capital Management LLC now owns 411,815 shares of the company’s stock worth $24,927,000 after acquiring an additional 7,697 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA:MLPX opened at $77.33 on Friday. Global X MLP & Energy Infrastructure ETF has a 52-week low of $57.66 and a 52-week high of $78.36. The firm has a market capitalization of $3.60 billion, a P/E ratio of 19.10 and a beta of 0.60. The stock has a 50 day moving average price of $73.49 and a 200-day moving average price of $66.89.

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.