Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Sold by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC lowered its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 15.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 14,828 shares of the company’s stock after selling 2,729 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $898,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MLPX. Icon Wealth Advisors LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $6,025,000. Menlo Advisors LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1,302.3% in the 3rd quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock valued at $4,430,000 after buying an additional 75,597 shares during the period. Key Client Fiduciary Advisors LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at about $2,571,000. Transform Wealth LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 109.1% in the 3rd quarter. Transform Wealth LLC now owns 65,455 shares of the company’s stock valued at $3,563,000 after buying an additional 34,148 shares during the period. Finally, Legacy Capital Wealth Partners LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 93.8% in the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 65,501 shares of the company’s stock valued at $3,565,000 after buying an additional 31,709 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Up 1.4 %

Shares of MLPX stock opened at $64.50 on Friday. The stock has a market cap of $1.82 billion, a PE ratio of 18.89 and a beta of 0.54. The business has a 50-day simple moving average of $62.45 and a 200-day simple moving average of $57.63. Global X MLP & Energy Infrastructure ETF has a 52-week low of $43.12 and a 52-week high of $67.47.

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.