Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Bought by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC grew its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 159.4% in the fourth quarter, HoldingsChannel reports. The fund owned 31,465 shares of the company’s stock after buying an additional 19,333 shares during the period. Teamwork Financial Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,906,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in MLPX. Icon Wealth Advisors LLC acquired a new position in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth $6,025,000. Menlo Advisors LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 1,302.3% in the 3rd quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock worth $4,430,000 after buying an additional 75,597 shares in the last quarter. Transform Wealth LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 109.1% in the 3rd quarter. Transform Wealth LLC now owns 65,455 shares of the company’s stock worth $3,563,000 after buying an additional 34,148 shares in the last quarter. Legacy Capital Wealth Partners LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 93.8% in the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 65,501 shares of the company’s stock worth $3,565,000 after buying an additional 31,709 shares in the last quarter. Finally, Fulcrum Equity Management bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth $1,167,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

MLPX opened at $65.89 on Thursday. Global X MLP & Energy Infrastructure ETF has a one year low of $43.12 and a one year high of $67.47. The stock’s fifty day moving average is $62.09 and its 200-day moving average is $57.12. The company has a market capitalization of $1.86 billion, a PE ratio of 18.89 and a beta of 0.54.

Global X MLP & Energy Infrastructure ETF 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.