Endowment Wealth Management Inc. Has $263,000 Stock Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Endowment Wealth Management Inc. reduced its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,149 shares of the company’s stock after selling 325 shares during the quarter. Endowment Wealth Management Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $263,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 14.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 96,310 shares of the company’s stock valued at $4,917,000 after purchasing an additional 12,450 shares during the period. Seven Springs Wealth Group LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the second quarter valued at about $258,000. Riggs Asset Managment Co. Inc. bought a new position in Global X MLP & Energy Infrastructure ETF during the second quarter worth about $2,605,000. Cambridge Investment Research Advisors Inc. raised its stake in Global X MLP & Energy Infrastructure ETF by 86.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 96,289 shares of the company’s stock worth $4,916,000 after purchasing an additional 44,616 shares in the last quarter. Finally, Capital Advisors Ltd. LLC boosted its holdings in Global X MLP & Energy Infrastructure ETF by 51.5% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock valued at $54,000 after purchasing an additional 359 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Up 1.2 %

Shares of NYSEARCA:MLPX opened at $54.29 on Tuesday. Global X MLP & Energy Infrastructure ETF has a 12-month low of $40.38 and a 12-month high of $54.29. The company’s 50 day moving average price is $52.12 and its two-hundred day moving average price is $49.65. The firm has a market cap of $1.53 billion, a PE ratio of 18.89 and a beta of 0.54.

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.