Arkadios Wealth Advisors Buys New Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Arkadios Wealth Advisors bought a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,540 shares of the company’s stock, valued at approximately $214,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hara Capital LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $33,000. Assetmark Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $42,000. Adirondack Trust Co. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $55,000. Sunbelt Securities Inc. increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 276.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock worth $61,000 after acquiring an additional 829 shares during the last quarter. Finally, Advisors Asset Management Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $65,000.

Global X MLP & Energy Infrastructure ETF Trading Down 0.2 %

MLPX stock opened at $65.74 on Friday. The firm has a market capitalization of $1.85 billion, a PE 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. The business’s 50 day simple moving average is $62.40 and its 200 day simple moving average is $57.35.

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.