DDFG Inc Takes Position in Global X MLP & Energy Infrastructure ETF $MLPX

DDFG Inc purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 136,569 shares of the company’s stock, valued at approximately $10,098,000. Global X MLP & Energy Infrastructure ETF comprises about 2.2% of DDFG Inc’s investment portfolio, making the stock its 16th biggest position.

A number of other institutional investors have also added to or reduced their stakes in the stock. Fiduciary Alliance LLC increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 11.0% during the fourth quarter. Fiduciary Alliance LLC now owns 107,013 shares of the company’s stock worth $6,478,000 after buying an additional 10,621 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth $1,245,000. Tcfg Wealth Management LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth $1,728,000. JPMorgan Chase & Co. increased its holdings in Global X MLP & Energy Infrastructure ETF by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 349,771 shares of the company’s stock worth $21,934,000 after purchasing an additional 14,677 shares in the last quarter. Finally, Spinnaker Investment Group LLC acquired a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter worth about $1,266,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Global X MLP & Energy Infrastructure ETF stock opened at $75.12 on Monday. The stock has a 50-day moving average price of $73.67 and a two-hundred day moving average price of $69.37. Global X MLP & Energy Infrastructure ETF has a 12 month low of $57.66 and a 12 month high of $78.36. The company has a market capitalization of $3.50 billion, a PE ratio of 19.10 and a beta of 0.58.

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.