Venturi Wealth Management LLC Decreases Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Venturi Wealth Management LLC decreased its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 2.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 34,914 shares of the company’s stock after selling 706 shares during the period. Venturi Wealth Management LLC owned about 0.12% of Global X MLP & Energy Infrastructure ETF worth $1,900,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth about $22,083,000. Cetera Investment Advisers bought a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at approximately $10,155,000. Envestnet Asset Management Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF by 25.0% in the 2nd 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 during the period. Atria Investments Inc bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter worth approximately $3,988,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the second quarter valued at approximately $2,605,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $60.05 on Monday. Global X MLP & Energy Infrastructure ETF has a 1 year low of $42.29 and a 1 year high of $60.35. The company’s 50-day moving average is $55.80 and its 200 day moving average is $52.59. The stock has a market capitalization of $1.69 billion, a P/E ratio of 18.89 and a beta of 0.54.

Global X MLP & Energy Infrastructure ETF 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.