3,640 Shares in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Purchased by Brookstone Capital Management

Brookstone Capital Management bought a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 3,640 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds also recently modified their holdings of the business. Resurgent Financial Advisors LLC raised its position in shares of Global X MLP & Energy Infrastructure ETF by 1.1% during the third quarter. Resurgent Financial Advisors LLC now owns 15,744 shares of the company’s stock worth $857,000 after purchasing an additional 168 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Global X MLP & Energy Infrastructure ETF by 1.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 14,121 shares of the company’s stock worth $769,000 after buying an additional 202 shares during the period. HBW Advisory Services LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 2.7% during the 3rd quarter. HBW Advisory Services LLC now owns 10,146 shares of the company’s stock worth $552,000 after buying an additional 271 shares during the period. FMR LLC lifted its stake in Global X MLP & Energy Infrastructure ETF by 8.5% in the third quarter. FMR LLC now owns 3,676 shares of the company’s stock valued at $200,000 after buying an additional 288 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1.2% in the third quarter. Prospera Financial Services Inc now owns 33,271 shares of the company’s stock valued at $1,812,000 after buying an additional 386 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Up 0.6 %

Shares of NYSEARCA:MLPX opened at $66.05 on Monday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 12 month low of $43.12 and a 12 month high of $66.41. The company’s fifty day simple moving average is $61.86 and its 200 day simple moving average is $56.91.

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.