Belvedere Trading LLC Makes New $222,000 Investment in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Belvedere Trading LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,660 shares of the company’s stock, valued at approximately $222,000.

Other large investors have also recently added to or reduced their stakes in the company. MGB Wealth Management LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth approximately $28,000. Hara Capital LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $33,000. Assetmark Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $42,000. Sunbelt Securities Inc. boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 276.3% in the third quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock valued at $61,000 after acquiring an additional 829 shares during the period. Finally, Advisors Asset Management Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $65,000.

Global X MLP & Energy Infrastructure ETF Trading Down 0.6 %

MLPX opened at $62.36 on Tuesday. Global X MLP & Energy Infrastructure ETF has a 1-year low of $43.42 and a 1-year high of $67.47. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. The business has a 50 day moving average of $62.38 and a 200-day moving average of $58.55.

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.