Ocean Park Asset Management LLC Purchases New Stake in Global X MLP & Energy Infrastructure ETF $MLPX

Ocean Park Asset Management LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 52,001 shares of the company’s stock, valued at approximately $3,845,000. Ocean Park Asset Management LLC owned about 0.12% of Global X MLP & Energy Infrastructure ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MLPX. Fiduciary Alliance LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 11.0% during the 4th quarter. Fiduciary Alliance LLC now owns 107,013 shares of the company’s stock valued at $6,478,000 after purchasing an additional 10,621 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $1,245,000. Tcfg Wealth Management LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the third quarter worth $1,728,000. JPMorgan Chase & Co. raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 349,771 shares of the company’s stock valued at $21,934,000 after acquiring an additional 14,677 shares in the last quarter. Finally, Payne Capital Management LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 15.4% in the third quarter. Payne Capital Management LLC now owns 404,118 shares of the company’s stock valued at $25,342,000 after purchasing an additional 53,806 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA MLPX opened at $72.25 on Monday. The company has a fifty day moving average of $73.45 and a 200-day moving average of $68.91. Global X MLP & Energy Infrastructure ETF has a 52-week low of $57.66 and a 52-week high of $78.36. The company has a market capitalization of $3.36 billion, a P/E ratio of 19.10 and a beta of 0.58.

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.