Saxon Interests Inc. Buys Shares of 9,164 Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Saxon Interests Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 9,164 shares of the company’s stock, valued at approximately $555,000.

A number of other hedge funds also recently bought and sold shares of MLPX. Evergreen Capital Management LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at about $22,083,000. Icon Wealth Advisors LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the third quarter worth approximately $6,025,000. Envestnet Asset Management Inc. grew its position in Global X MLP & Energy Infrastructure ETF by 25.0% during the second quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock valued at $21,115,000 after buying an additional 82,703 shares during the period. Menlo Advisors LLC increased its holdings in Global X MLP & Energy Infrastructure ETF by 1,302.3% during the third quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock valued at $4,430,000 after buying an additional 75,597 shares during the last quarter. Finally, Transform Wealth LLC raised its position in 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 period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX stock opened at $66.05 on Friday. The company 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 has a 1 year low of $43.12 and a 1 year high of $65.75. The firm has a fifty day moving average price of $61.75 and a 200-day moving average price of $56.73.

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.