Silver Oak Securities Incorporated Purchases Shares of 17,397 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Silver Oak Securities Incorporated acquired a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,397 shares of the company’s stock, valued at approximately $1,048,000. Silver Oak Securities Incorporated owned about 0.06% of Global X MLP & Energy Infrastructure ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MLPX. Icon Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the third quarter worth about $6,025,000. Menlo Advisors LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 1,302.3% during the 3rd quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock valued at $4,430,000 after acquiring an additional 75,597 shares during the last quarter. Stratos Wealth Advisors LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 83.0% during the 4th quarter. Stratos Wealth Advisors LLC now owns 128,037 shares of the company’s stock worth $7,754,000 after acquiring an additional 58,080 shares during the period. Key Client Fiduciary Advisors LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter worth approximately $2,571,000. Finally, Transform Wealth LLC boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 109.1% in the third quarter. Transform Wealth LLC now owns 65,455 shares of the company’s stock worth $3,563,000 after acquiring an additional 34,148 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX stock opened at $63.06 on Friday. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a one year low of $43.12 and a one year high of $67.47. The company has a 50 day moving average price of $62.46 and a 200 day moving average price of $58.02.

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.