Rooted Wealth Advisors Inc. Acquires 37,936 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Rooted Wealth Advisors Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 113.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 71,282 shares of the company’s stock after buying an additional 37,936 shares during the quarter. Global X MLP & Energy Infrastructure ETF makes up about 1.3% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 20th biggest position. Rooted Wealth Advisors Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $5,012,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in MLPX. Morgan Stanley lifted its holdings in Global X MLP & Energy Infrastructure ETF by 8.6% during the 4th quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after buying an additional 848,899 shares in the last quarter. Bank of America Corp DE boosted its position in Global X MLP & Energy Infrastructure ETF by 12.8% during the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock valued at $153,320,000 after acquiring an additional 277,692 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 9,626.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock valued at $144,813,000 after acquiring an additional 2,367,818 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 16.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,206,576 shares of the company’s stock valued at $73,034,000 after acquiring an additional 171,290 shares during the period. Finally, Two Sigma Investments LP bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth $26,344,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $75.12 on Friday. The stock has a market capitalization of $3.50 billion, a P/E ratio of 19.10 and a beta of 0.58. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $78.36. The business has a fifty day moving average price of $73.67 and a 200 day moving average price of $69.32.

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.