Argent Advisors Inc. Has $2.17 Million Stock Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Argent Advisors Inc. cut its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,454 shares of the company’s stock after selling 737 shares during the quarter. Global X MLP & Energy Infrastructure ETF makes up 0.9% of Argent Advisors Inc.’s portfolio, making the stock its 26th largest position. Argent Advisors Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,167,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MLPX. EverSource Wealth Advisors LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the first quarter valued at $28,000. JNBA Financial Advisors acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at $36,000. Capital Advisors Ltd. LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 51.5% in the second quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock valued at $54,000 after buying an additional 359 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the second quarter valued at $64,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the second quarter valued at $68,000.

Global X MLP & Energy Infrastructure ETF Stock Up 1.0 %

MLPX stock traded up $0.56 during midday trading on Friday, reaching $54.20. The stock had a trading volume of 115,372 shares, compared to its average volume of 191,324. The business has a fifty day simple moving average of $52.12 and a two-hundred day simple moving average of $49.56. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a twelve month low of $40.38 and a twelve month high of $54.29.

Global X MLP & Energy Infrastructure ETF 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.