Tenet Wealth Partners LLC Makes New Investment in Global X MLP & Energy Infrastructure ETF $MLPX

Tenet Wealth Partners LLC bought a new position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPXFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 25,841 shares of the company’s stock, valued at approximately $1,933,000. Global X MLP & Energy Infrastructure ETF makes up 1.4% of Tenet Wealth Partners LLC’s portfolio, making the stock its 15th biggest holding.

Other large investors have also modified their holdings of the company. Purpose Unlimited Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $27,000. Turtle Creek Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the 1st quarter worth approximately $29,000. Private Wealth Asset Management LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at approximately $30,000. Simplex Trading LLC grew its position in Global X MLP & Energy Infrastructure ETF by 247.9% in the fourth quarter. Simplex Trading LLC now owns 508 shares of the company’s stock valued at $31,000 after acquiring an additional 362 shares in the last quarter. Finally, Continuum Advisory LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the second quarter valued at approximately $48,000.

Global X MLP & Energy Infrastructure ETF Stock Down 0.3%

MLPX opened at $75.61 on Friday. The firm’s 50 day moving average is $74.96 and its 200-day moving average is $73.71. Global X MLP & Energy Infrastructure ETF has a 52-week low of $57.66 and a 52-week high of $78.36. The firm has a market capitalization of $3.66 billion, a P/E ratio of 19.10 and a beta of 0.58.

Global X MLP & Energy Infrastructure ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

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