Creative Financial Designs Inc. ADV Acquires Shares of 500 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Creative Financial Designs Inc. ADV acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 500 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds have also recently modified their holdings of the company. MGB Wealth Management LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $28,000. Key Financial Inc purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $30,000. Cullen Frost Bankers Inc. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $31,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $51,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at about $52,000.

Global X MLP & Energy Infrastructure ETF Trading Down 1.0 %

MLPX stock opened at $63.82 on Friday. Global X MLP & Energy Infrastructure ETF has a 12-month low of $46.69 and a 12-month high of $67.47. The firm’s 50-day moving average price is $63.01 and its two-hundred day moving average price is $60.11. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 18.91 and a beta of 1.25.

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.