Newport Wealth Strategies Inc. Takes $367,000 Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Newport Wealth Strategies Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 26,509 shares of the company’s stock, valued at approximately $367,000. Newport Wealth Strategies Inc. owned 0.08% of Global X MLP & Energy Infrastructure ETF as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in MLPX. First Allied Advisory Services Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth $103,000. Financial Advocates Investment Management acquired a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth $1,092,000. LPL Financial LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 13.9% in the fourth quarter. LPL Financial LLC now owns 9,510,441 shares of the company’s stock valued at $129,247,000 after buying an additional 1,163,693 shares in the last quarter. Corient Capital Partners LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at $917,000. Finally, Atria Investments LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 45.0% in the fourth quarter. Atria Investments LLC now owns 87,608 shares of the company’s stock valued at $1,191,000 after buying an additional 27,169 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF stock traded down $0.17 during mid-day trading on Friday, hitting $11.81. The stock had a trading volume of 488,262 shares, compared to its average volume of 270,831. Global X MLP & Energy Infrastructure ETF has a 12 month low of $11.36 and a 12 month high of $15.02.

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

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