Foster & Motley Inc. Lowers Stock Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Foster & Motley Inc. lowered its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 7.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,613 shares of the company’s stock after selling 862 shares during the period. Foster & Motley Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Resurgent Financial Advisors LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 1.1% in the third quarter. Resurgent Financial Advisors LLC now owns 15,744 shares of the company’s stock worth $857,000 after purchasing an additional 168 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in Global X MLP & Energy Infrastructure ETF by 1.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 14,121 shares of the company’s stock worth $769,000 after buying an additional 202 shares in the last quarter. HBW Advisory Services LLC increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 2.7% in the 3rd quarter. HBW Advisory Services LLC now owns 10,146 shares of the company’s stock worth $552,000 after buying an additional 271 shares during the last quarter. FMR LLC raised its position in shares of Global X MLP & Energy Infrastructure ETF by 8.5% during the 3rd quarter. FMR LLC now owns 3,676 shares of the company’s stock valued at $200,000 after buying an additional 288 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1.2% during the 3rd quarter. Prospera Financial Services Inc now owns 33,271 shares of the company’s stock worth $1,812,000 after acquiring an additional 386 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Down 2.9 %

MLPX opened at $62.61 on Friday. The business’s fifty day simple moving average is $62.46 and its 200 day simple moving average is $57.68. Global X MLP & Energy Infrastructure ETF has a 52 week low of $43.12 and a 52 week high of $67.47. The stock has a market cap of $1.76 billion, a PE ratio of 18.89 and a beta of 0.54.

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.