Kingsview Wealth Management LLC Takes Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Kingsview Wealth Management LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the third quarter, according to its most recent filing with the SEC. The fund purchased 6,269 shares of the company’s stock, valued at approximately $341,000.

A number of other institutional investors have also made changes to their positions in MLPX. Atria Investments Inc bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at approximately $3,988,000. Cetera Investment Advisers bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at approximately $10,155,000. Cetera Advisors LLC increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 125.5% in the 1st quarter. Cetera Advisors LLC now owns 12,417 shares of the company’s stock valued at $608,000 after acquiring an additional 6,910 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth $28,000. Finally, Old Port Advisors grew its stake in Global X MLP & Energy Infrastructure ETF by 8.5% during the 1st quarter. Old Port Advisors now owns 70,151 shares of the company’s stock worth $3,437,000 after buying an additional 5,493 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX opened at $63.47 on Friday. The company has a market cap of $1.79 billion, a P/E ratio of 18.89 and a beta of 0.54. The stock has a fifty day moving average price of $58.20 and a 200 day moving average price of $53.87. Global X MLP & Energy Infrastructure ETF has a 12 month low of $43.02 and a 12 month high of $64.72.

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.