Legacy Capital Group California Inc. Cuts Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Legacy Capital Group California Inc. lowered its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 21.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,517 shares of the company’s stock after selling 969 shares during the period. Legacy Capital Group California Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $213,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MGB Wealth Management LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth $28,000. Key Financial Inc bought a new position in Global X MLP & Energy Infrastructure ETF in the fourth quarter worth about $30,000. Hara Capital LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the third quarter valued at about $33,000. Assetmark Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $42,000. Finally, Sunbelt Securities Inc. grew its position in shares of Global X MLP & Energy Infrastructure ETF by 276.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock worth $61,000 after buying an additional 829 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Down 1.3 %

NYSEARCA:MLPX opened at $62.20 on Friday. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 52 week low of $45.33 and a 52 week high of $67.47. The firm has a 50 day moving average of $62.53 and a 200 day moving average of $58.76.

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.