Argent Advisors Inc. Sells 476 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Argent Advisors Inc. reduced its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 1.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 43,266 shares of the company’s stock after selling 476 shares during the quarter. Global X MLP & Energy Infrastructure ETF accounts for about 1.0% of Argent Advisors Inc.’s investment portfolio, making the stock its 21st biggest holding. Argent Advisors Inc. owned 0.15% of Global X MLP & Energy Infrastructure ETF worth $2,620,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MLPX. Beacon Harbor Wealth Advisors Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at about $12,622,000. Raymond James Financial Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at about $12,433,000. Icon Wealth Advisors LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter worth approximately $6,025,000. B&D White Capital Company LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter worth approximately $5,387,000. Finally, Menlo Advisors LLC grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 1,302.3% in the third quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock worth $4,430,000 after acquiring an additional 75,597 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Up 1.7 %

Shares of MLPX stock opened at $63.23 on Tuesday. The company has a 50 day moving average price of $62.87 and a 200-day moving average price of $59.92. Global X MLP & Energy Infrastructure ETF has a 52 week low of $46.69 and a 52 week high of $67.47. The firm has a market capitalization of $2.77 billion, a PE ratio of 18.91 and a beta of 1.25.

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.