Tenet Wealth Partners LLC Invests $1.93 Million in Global X MLP & Energy Infrastructure ETF $MLPX

Tenet Wealth Partners LLC bought a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,841 shares of the company’s stock, valued at approximately $1,933,000. Global X MLP & Energy Infrastructure ETF accounts for approximately 1.4% of Tenet Wealth Partners LLC’s holdings, making the stock its 15th biggest position. Tenet Wealth Partners LLC owned about 0.05% of Global X MLP & Energy Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Legacy Wealth Managment LLC ID purchased a new stake in Global X MLP & Energy Infrastructure ETF during the second quarter valued at about $701,000. Concurrent Investment Advisors LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 28.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 12,231 shares of the company’s stock worth $901,000 after purchasing an additional 2,693 shares during the period. Continuum Advisory LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at about $48,000. Firestone Capital Management grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 3.2% during the 2nd quarter. Firestone Capital Management now owns 7,823 shares of the company’s stock worth $576,000 after purchasing an additional 245 shares during the period. Finally, Midwest Professional Planners LTD. grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 13.2% during the 2nd quarter. Midwest Professional Planners LTD. now owns 32,777 shares of the company’s stock worth $2,414,000 after purchasing an additional 3,813 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA MLPX opened at $75.61 on Friday. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 19.10 and a beta of 0.58. Global X MLP & Energy Infrastructure ETF has a one year low of $57.66 and a one year high of $78.36. The company’s 50 day moving average price is $74.96 and its 200 day moving average price is $73.71.

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.