Northwestern Mutual Wealth Management Co. Buys 2,367,818 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9,626.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,392,414 shares of the company’s stock after acquiring an additional 2,367,818 shares during the period. Northwestern Mutual Wealth Management Co. owned 5.49% of Global X MLP & Energy Infrastructure ETF worth $144,813,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MLPX. Goldman Sachs Group Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at $217,000. Russell Investments Group Ltd. boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 24,040.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock valued at $76,000 after purchasing an additional 1,202 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at $400,000. Qube Research & Technologies Ltd boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 111.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 100,330 shares of the company’s stock valued at $6,287,000 after purchasing an additional 52,869 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 6.9% in the 2nd quarter. HUB Investment Partners LLC now owns 6,475 shares of the company’s stock valued at $406,000 after purchasing an additional 420 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX stock opened at $76.16 on Friday. The stock’s fifty day moving average price is $73.00 and its two-hundred day moving average price is $66.25. The company has a market cap of $3.54 billion, a PE ratio of 19.10 and a beta of 0.60. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $76.40.

Global X MLP & Energy Infrastructure ETF 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.