Sumitomo Mitsui Trust Group Inc. Makes New $2.72 Million Investment in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 44,970 shares of the company’s stock, valued at approximately $2,723,000. Sumitomo Mitsui Trust Group Inc. owned 0.16% of Global X MLP & Energy Infrastructure ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Curran Financial Partners LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 3.2% during the fourth quarter. Curran Financial Partners LLC now owns 227,734 shares of the company’s stock worth $13,792,000 after purchasing an additional 7,005 shares during the period. Stifel Financial Corp raised its stake in Global X MLP & Energy Infrastructure ETF by 1.2% during the third quarter. Stifel Financial Corp now owns 222,640 shares of the company’s stock worth $12,118,000 after purchasing an additional 2,725 shares during the period. Principal Securities Inc. raised its stake in Global X MLP & Energy Infrastructure ETF by 3.3% during the third quarter. Principal Securities Inc. now owns 172,459 shares of the company’s stock worth $9,387,000 after purchasing an additional 5,549 shares during the period. Baker Avenue Asset Management LP raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 6.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 144,871 shares of the company’s stock valued at $7,885,000 after acquiring an additional 8,550 shares during the period. Finally, Stratos Wealth Advisors LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 83.0% in the 4th quarter. Stratos Wealth Advisors LLC now owns 128,037 shares of the company’s stock valued at $7,754,000 after acquiring an additional 58,080 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Performance

Global X MLP & Energy Infrastructure ETF stock opened at $62.75 on Friday. The company’s 50 day simple moving average is $62.39 and its 200-day simple moving average is $58.37. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 1 year low of $43.12 and a 1 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.