Saxon Interests Inc. Purchases Shares of 9,164 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Saxon Interests Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,164 shares of the company’s stock, valued at approximately $555,000.

Several other institutional investors also recently modified their holdings of the stock. Hara Capital LLC bought a new stake in Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $33,000. Assetmark Inc. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $42,000. Adirondack Trust Co. bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $55,000. Sunbelt Securities Inc. lifted its stake in Global X MLP & Energy Infrastructure ETF by 276.3% in the third 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 period. Finally, Advisors Asset Management Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF in the third quarter valued at $65,000.

Global X MLP & Energy Infrastructure ETF Trading Up 0.6 %

Shares of NYSEARCA MLPX opened at $66.05 on Friday. The firm has a fifty day simple moving average of $61.75 and a two-hundred day simple moving average of $56.73. Global X MLP & Energy Infrastructure ETF has a 12 month low of $43.12 and a 12 month high of $65.75. The firm has a market capitalization of $1.86 billion, a PE ratio of 18.89 and a beta of 0.54.

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.