Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Sold by Financial Partners Group Inc

Financial Partners Group Inc trimmed its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 4.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 31,345 shares of the company’s stock after selling 1,571 shares during the period. Financial Partners Group Inc’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,898,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Curran Financial Partners LLC lifted its holdings in Global X MLP & Energy Infrastructure ETF by 3.2% in the 4th quarter. Curran Financial Partners LLC now owns 227,734 shares of the company’s stock valued at $13,792,000 after purchasing an additional 7,005 shares in the last quarter. Cetera Investment Advisers boosted its position in Global X MLP & Energy Infrastructure ETF by 8.2% during the second quarter. Cetera Investment Advisers now owns 224,248 shares of the company’s stock worth $11,448,000 after acquiring an additional 16,951 shares during the last quarter. Stifel Financial Corp grew its stake in Global X MLP & Energy Infrastructure ETF by 1.2% in the 3rd quarter. Stifel Financial Corp now owns 222,640 shares of the company’s stock worth $12,118,000 after acquiring an additional 2,725 shares during the period. Principal Securities Inc. raised its holdings in Global X MLP & Energy Infrastructure ETF by 3.3% in the 3rd quarter. Principal Securities Inc. now owns 172,459 shares of the company’s stock valued at $9,387,000 after acquiring an additional 5,549 shares during the last quarter. Finally, Baker Avenue Asset Management LP lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 6.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 144,871 shares of the company’s stock worth $7,885,000 after purchasing an additional 8,550 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Down 2.9 %

MLPX stock opened at $62.61 on Monday. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. The stock’s fifty day simple moving average is $62.42 and its 200-day simple moving average is $57.79. 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.