Stonegate Investment Group LLC lessened its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) by 38.0% during the third quarter, Holdings Channel.com reports. The firm owned 8,000 shares of the company’s stock after selling 4,900 shares during the quarter. Stonegate Investment Group LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $435,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MLPX. EverSource Wealth Advisors LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at about $28,000. Adirondack Trust Co. purchased a new position in Global X MLP & Energy Infrastructure ETF in the third quarter valued at about $55,000. Capital Advisors Ltd. LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 51.5% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock valued at $54,000 after acquiring an additional 359 shares during the period. MCF Advisors LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth approximately $64,000. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter worth approximately $64,000.
Global X MLP & Energy Infrastructure ETF Price Performance
NYSEARCA MLPX opened at $57.36 on Friday. The business has a 50 day moving average price of $54.36 and a 200 day moving average price of $51.60. The company has a market capitalization of $1.62 billion, a P/E ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 1-year low of $41.81 and a 1-year high of $57.64.
Global X MLP & Energy Infrastructure ETF Company 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.
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