PNC Financial Services Group Inc. Sells 31,806 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

PNC Financial Services Group Inc. decreased its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 460,944 shares of the company’s stock after selling 31,806 shares during the period. PNC Financial Services Group Inc. owned 1.06% of Global X MLP & Energy Infrastructure ETF worth $27,901,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in Global X MLP & Energy Infrastructure ETF by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 359,600 shares of the company’s stock valued at $22,551,000 after purchasing an additional 10,828 shares during the last quarter. Fiduciary Alliance LLC raised its position in 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 last quarter. Elevation Point Wealth Partners LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at approximately $1,245,000. Tcfg Wealth Management LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at approximately $1,728,000. Finally, JPMorgan Chase & Co. raised its position in Global X MLP & Energy Infrastructure ETF by 4.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 349,771 shares of the company’s stock valued at $21,934,000 after purchasing an additional 14,677 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX opened at $77.33 on Friday. The business has a 50 day simple moving average of $73.49 and a two-hundred day simple moving average of $66.89. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 19.10 and a beta of 0.60. Global X MLP & Energy Infrastructure ETF has a one year low of $57.66 and a one year high of $78.36.

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.