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

Teamwork Financial Advisors LLC lifted its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 159.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,465 shares of the company’s stock after acquiring an additional 19,333 shares during the period. Teamwork Financial Advisors LLC owned 0.11% of Global X MLP & Energy Infrastructure ETF worth $1,906,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 26.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,087 shares of the company’s stock valued at $429,000 after acquiring an additional 1,501 shares during the last quarter. Advisory Alpha LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at $203,000. Arkadios Wealth Advisors acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at $214,000. Sax Wealth Advisors LLC boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 15.1% during the fourth quarter. Sax Wealth Advisors LLC now owns 4,696 shares of the company’s stock valued at $284,000 after acquiring an additional 615 shares during the last quarter. Finally, Saxon Interests Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF in the 4th quarter worth about $555,000.

Global X MLP & Energy Infrastructure ETF Trading Down 1.9 %

Shares of NYSEARCA:MLPX opened at $65.89 on Thursday. The stock’s 50-day moving average price is $62.09 and its two-hundred day moving average price is $57.12. Global X MLP & Energy Infrastructure ETF has a 12-month low of $43.12 and a 12-month high of $67.47. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54.

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.