3,666 Shares in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Bought by Birch Hill Investment Advisors LLC

Birch Hill Investment Advisors LLC acquired a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,666 shares of the company’s stock, valued at approximately $222,000.

Several other hedge funds have also modified their holdings of MLPX. Sanctuary Advisors LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 39.1% during the third quarter. Sanctuary Advisors LLC now owns 5,908 shares of the company’s stock worth $322,000 after acquiring an additional 1,660 shares during the last quarter. FMR LLC increased its stake 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 worth $200,000 after acquiring an additional 288 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 35.4% during the 3rd quarter. HighTower Advisors LLC now owns 7,406 shares of the company’s stock worth $407,000 after acquiring an additional 1,938 shares during the period. Brookstone Capital Management acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at about $220,000. Finally, US Bancorp DE grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 57.6% in the third quarter. US Bancorp DE now owns 6,330 shares of the company’s stock valued at $345,000 after purchasing an additional 2,314 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $62.48 on Monday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $43.12 and a 1 year high of $67.47. The company has a market capitalization of $1.76 billion, a P/E ratio of 18.89 and a beta of 0.54. The company has a 50 day simple moving average of $62.42 and a 200-day simple moving average of $58.15.

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.