GenTrust LLC Sells 745 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

GenTrust LLC trimmed its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 0.2% during the 3rd quarter, Holdings Channel reports. The firm owned 302,693 shares of the company’s stock after selling 745 shares during the quarter. Global X MLP & Energy Infrastructure ETF comprises approximately 0.8% of GenTrust LLC’s portfolio, making the stock its 25th biggest holding. GenTrust LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $16,476,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Evergreen Capital Management LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the second quarter worth approximately $22,083,000. Envestnet Asset Management Inc. boosted its stake in Global X MLP & Energy Infrastructure ETF by 25.0% in the second quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after buying an additional 82,703 shares in the last quarter. Annandale Capital LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 4.1% in the second quarter. Annandale Capital LLC now owns 302,549 shares of the company’s stock worth $15,445,000 after buying an additional 11,879 shares in the last quarter. Cetera Investment Advisers boosted its stake in Global X MLP & Energy Infrastructure ETF by 8.2% in the second quarter. Cetera Investment Advisers now owns 224,248 shares of the company’s stock worth $11,448,000 after buying an additional 16,951 shares in the last quarter. Finally, Curran Financial Partners LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 3.2% in the third quarter. Curran Financial Partners LLC now owns 220,729 shares of the company’s stock worth $12,014,000 after buying an additional 6,890 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX opened at $64.18 on Friday. The firm has a market cap of $1.81 billion, a P/E ratio of 18.89 and a beta of 0.54. The stock has a 50 day simple moving average of $57.29 and a two-hundred day simple moving average of $53.37. Global X MLP & Energy Infrastructure ETF has a 1 year low of $43.02 and a 1 year high of $64.48.

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.