Cullen Frost Bankers Inc. Acquires New Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Cullen Frost Bankers Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 513 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors also recently bought and sold shares of MLPX. Icon Wealth Advisors LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at about $6,025,000. B&D White Capital Company LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at about $5,387,000. Menlo Advisors LLC grew its position 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 purchasing an additional 75,597 shares during the last quarter. Seascape Capital Management purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at about $4,314,000. Finally, Stratos Wealth Advisors LLC grew its position in Global X MLP & Energy Infrastructure ETF by 83.0% during the 4th quarter. Stratos Wealth Advisors LLC now owns 128,037 shares of the company’s stock valued at $7,754,000 after purchasing an additional 58,080 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of MLPX stock opened at $59.94 on Tuesday. The company’s 50-day moving average is $62.85 and its 200 day moving average is $59.63. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 17.14 and a beta of 1.26. Global X MLP & Energy Infrastructure ETF has a one year low of $46.69 and a one year high of $67.47.

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.