14,923 Shares of Global X MLP & Energy Infrastructure ETF $MLPX Purchased by Valen Private Capital LLC

Valen Private Capital LLC acquired a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 14,923 shares of the company’s stock, valued at approximately $1,042,000.

Several other hedge funds have also recently bought and sold shares of MLPX. Decker Wealth Management LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $27,700,000. School Employees Retirement Board of Ohio purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at about $24,443,000. Evergreen Capital Management LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF during the third quarter worth approximately $10,981,000. DDFG Inc acquired a new stake in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth $10,098,000. Finally, Fifth Third Bancorp increased its position in shares of Global X MLP & Energy Infrastructure ETF by 9,845.2% during the first quarter. Fifth Third Bancorp now owns 57,185 shares of the company’s stock worth $4,228,000 after purchasing an additional 56,610 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 2.3%

Shares of NYSEARCA MLPX opened at $74.55 on Friday. The stock has a 50 day moving average of $73.66 and a two-hundred day moving average of $73.87. Global X MLP & Energy Infrastructure ETF has a twelve month low of $57.66 and a twelve month high of $78.36. The stock has a market cap of $3.66 billion, a P/E ratio of 19.10 and a beta of 0.63.

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.