Farther Finance Advisors LLC Makes New $52,000 Investment in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Farther Finance Advisors LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 859 shares of the company’s stock, valued at approximately $52,000.

Several other institutional investors and hedge funds have also bought and sold shares of MLPX. Beacon Harbor Wealth Advisors Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at approximately $12,622,000. Raymond James Financial Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at approximately $12,433,000. B&D White Capital Company LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at approximately $5,387,000. Menlo Advisors LLC lifted its stake in Global X MLP & Energy Infrastructure ETF by 1,302.3% during the 3rd quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock valued at $4,430,000 after acquiring an additional 75,597 shares during the period. Finally, Seascape Capital Management acquired a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at approximately $4,314,000.

Global X MLP & Energy Infrastructure ETF Trading Down 1.0 %

Shares of NYSEARCA MLPX opened at $63.82 on Monday. Global X MLP & Energy Infrastructure ETF has a 12 month low of $46.69 and a 12 month high of $67.47. The company has a 50 day simple moving average of $63.01 and a two-hundred day simple moving average of $60.21. The stock has a market cap of $2.80 billion, a price-to-earnings ratio of 18.91 and a beta of 1.25.

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.