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

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

Several other institutional investors and hedge funds have also recently made changes to their positions in MLPX. Sanctuary Advisors LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 39.1% in the third quarter. Sanctuary Advisors LLC now owns 5,908 shares of the company’s stock worth $322,000 after purchasing an additional 1,660 shares in the last quarter. FMR LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 8.5% in the third quarter. FMR LLC now owns 3,676 shares of the company’s stock worth $200,000 after purchasing an additional 288 shares in the last quarter. HighTower Advisors LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 35.4% in the third quarter. HighTower Advisors LLC now owns 7,406 shares of the company’s stock worth $407,000 after purchasing an additional 1,938 shares in the last quarter. Brookstone Capital Management bought a new position in Global X MLP & Energy Infrastructure ETF in the fourth quarter worth about $220,000. Finally, D.A. Davidson & CO. raised its holdings in Global X MLP & Energy Infrastructure ETF by 30.6% in the fourth quarter. D.A. Davidson & CO. now owns 9,388 shares of the company’s stock worth $569,000 after purchasing an additional 2,200 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $59.94 on Tuesday. The company has a market capitalization of $2.73 billion, a PE ratio of 17.14 and a beta of 1.26. The company has a 50-day simple moving average of $62.85 and a two-hundred day simple moving average of $59.63. Global X MLP & Energy Infrastructure ETF has a one year low of $46.69 and a one year high of $67.47.

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.