Silver Oak Securities Incorporated Makes New Investment in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Silver Oak Securities Incorporated acquired a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 17,397 shares of the company’s stock, valued at approximately $1,048,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Hara Capital LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth about $33,000. Assetmark Inc. bought a new position in Global X MLP & Energy Infrastructure ETF in the third quarter worth about $42,000. Adirondack Trust Co. acquired a new position in Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $55,000. Sunbelt Securities Inc. grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 276.3% during the third quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock valued at $61,000 after purchasing an additional 829 shares during the last quarter. Finally, Advisors Asset Management Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the third quarter valued at approximately $65,000.

Global X MLP & Energy Infrastructure ETF Trading Down 2.1 %

Shares of NYSEARCA MLPX opened at $63.06 on Friday. Global X MLP & Energy Infrastructure ETF has a 12-month low of $43.12 and a 12-month high of $67.47. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. The stock’s 50 day simple moving average is $62.46 and its 200 day simple moving average is $58.02.

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.