Country Club Bank Takes Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Country Club Bank acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the third quarter, HoldingsChannel reports. The firm acquired 3,754 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds have also made changes to their positions in MLPX. EverSource Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $28,000. Adirondack Trust Co. purchased a new position in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $55,000. Capital Advisors Ltd. LLC grew its stake in Global X MLP & Energy Infrastructure ETF by 51.5% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock worth $54,000 after buying an additional 359 shares during the last quarter. MCF Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth approximately $64,000. Finally, Opal Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth approximately $64,000.

Global X MLP & Energy Infrastructure ETF Stock Down 0.6 %

NYSEARCA:MLPX opened at $56.93 on Friday. The stock’s 50 day moving average price is $54.87 and its 200 day moving average price is $51.89. Global X MLP & Energy Infrastructure ETF has a 52-week low of $41.81 and a 52-week high of $57.68. The company has a market capitalization of $1.60 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.