Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) is Phoenix Financial Ltd.’s 7th Largest Position

Phoenix Financial Ltd. raised its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 26.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,285,750 shares of the company’s stock after acquiring an additional 690,000 shares during the quarter. Global X MLP & Energy Infrastructure ETF comprises 2.8% of Phoenix Financial Ltd.’s holdings, making the stock its 7th biggest holding. Phoenix Financial Ltd. owned approximately 0.12% of Global X MLP & Energy Infrastructure ETF worth $199,110,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MLPX. Bank of Montreal Can increased its position in shares of Global X MLP & Energy Infrastructure ETF by 25,926.3% in the fourth quarter. Bank of Montreal Can now owns 281,084 shares of the company’s stock valued at $17,022,000 after acquiring an additional 280,004 shares during the period. LPL Financial LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 26.6% during the fourth quarter. LPL Financial LLC now owns 1,095,827 shares of the company’s stock valued at $66,363,000 after buying an additional 230,052 shares during the period. Beacon Harbor Wealth Advisors Inc. bought a new position in Global X MLP & Energy Infrastructure ETF in the fourth quarter worth about $12,622,000. Raymond James Financial Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter worth approximately $12,433,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 63.0% in the 4th quarter. JPMorgan Chase & Co. now owns 306,917 shares of the company’s stock valued at $18,587,000 after purchasing an additional 118,569 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX opened at $58.03 on Thursday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $46.69 and a 1 year high of $67.47. The stock has a 50-day moving average price of $61.95 and a 200-day moving average price of $60.88. The firm has a market cap of $2.52 billion, a PE ratio of 19.62 and a beta of 0.96.

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.