Inscription Capital LLC Takes $220,000 Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Inscription Capital LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,500 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Eudaimonia Partners LLC boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 4.7% during the fourth quarter. Eudaimonia Partners LLC now owns 5,519 shares of the company’s stock valued at $246,000 after acquiring an additional 249 shares during the period. Comerica Bank raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 0.7% during the fourth quarter. Comerica Bank now owns 40,652 shares of the company’s stock valued at $1,814,000 after purchasing an additional 267 shares in the last quarter. Stratos Wealth Advisors LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 0.5% during the fourth quarter. Stratos Wealth Advisors LLC now owns 62,822 shares of the company’s stock valued at $2,803,000 after purchasing an additional 308 shares in the last quarter. Truist Financial Corp raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 2.6% during the fourth quarter. Truist Financial Corp now owns 13,400 shares of the company’s stock valued at $598,000 after purchasing an additional 343 shares in the last quarter. Finally, Aspen Wealth Strategies LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 7.5% during the fourth quarter. Aspen Wealth Strategies LLC now owns 5,630 shares of the company’s stock valued at $251,000 after purchasing an additional 392 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Down 0.6 %

Shares of NYSEARCA MLPX opened at $49.79 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $39.65 and a fifty-two week high of $50.67. The firm’s 50-day simple moving average is $49.18 and its 200 day simple moving average is $46.87. The stock has a market cap of $1.40 billion, a P/E ratio of 18.89 and a beta of 0.54.

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.