Wells Fargo & Company MN Purchases 52,486 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Wells Fargo & Company MN grew its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 691,893 shares of the company’s stock after acquiring an additional 52,486 shares during the period. Wells Fargo & Company MN owned about 2.46% of Global X MLP & Energy Infrastructure ETF worth $41,901,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 8.5% in the 3rd quarter. FMR LLC now owns 3,676 shares of the company’s stock valued at $200,000 after acquiring an additional 288 shares during the period. Private Advisor Group LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 4.0% in the 4th quarter. Private Advisor Group LLC now owns 7,894 shares of the company’s stock valued at $478,000 after acquiring an additional 304 shares during the period. KMG Fiduciary Partners LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 0.7% in the 4th quarter. KMG Fiduciary Partners LLC now owns 57,858 shares of the company’s stock valued at $3,504,000 after acquiring an additional 419 shares during the period. Old Port Advisors grew its position in shares of Global X MLP & Energy Infrastructure ETF by 0.6% in the 4th quarter. Old Port Advisors now owns 75,600 shares of the company’s stock valued at $4,578,000 after acquiring an additional 433 shares during the period. Finally, MGB Wealth Management LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at about $28,000.

Global X MLP & Energy Infrastructure ETF Price Performance

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

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.