Park Avenue Securities LLC Takes $1.40 Million Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Park Avenue Securities LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,912 shares of the company’s stock, valued at approximately $1,398,000. Park Avenue Securities LLC owned 0.05% of Global X MLP & Energy Infrastructure ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in MLPX. Menlo Advisors LLC increased its stake in Global X MLP & Energy Infrastructure ETF by 25.8% during the first quarter. Menlo Advisors LLC now owns 102,392 shares of the company’s stock worth $6,533,000 after purchasing an additional 20,990 shares during the period. Key Client Fiduciary Advisors LLC grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 10.5% in the first quarter. Key Client Fiduciary Advisors LLC now owns 46,910 shares of the company’s stock valued at $2,993,000 after purchasing an additional 4,450 shares in the last quarter. Teamwork Financial Advisors LLC increased its stake in Global X MLP & Energy Infrastructure ETF by 755.5% during the 1st quarter. Teamwork Financial Advisors LLC now owns 269,188 shares of the company’s stock worth $17,177,000 after buying an additional 237,723 shares during the period. RFG Advisory LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $483,000. Finally, HBW Advisory Services LLC lifted its holdings in Global X MLP & Energy Infrastructure ETF by 32.8% during the 1st quarter. HBW Advisory Services LLC now owns 23,978 shares of the company’s stock worth $1,530,000 after buying an additional 5,927 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 1.1%

NYSEARCA:MLPX opened at $62.00 on Thursday. Global X MLP & Energy Infrastructure ETF has a 12-month low of $48.90 and a 12-month high of $67.47. The firm has a market cap of $2.66 billion, a PE ratio of 18.75 and a beta of 0.77. The stock has a fifty day moving average price of $60.13 and a 200 day moving average price of $61.67.

Global X MLP & Energy Infrastructure ETF 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.