UBS Group AG Sells 147,110 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

UBS Group AG lowered its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 18.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 659,711 shares of the company’s stock after selling 147,110 shares during the quarter. UBS Group AG owned approximately 1.52% of Global X MLP & Energy Infrastructure ETF worth $39,932,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MLPX. Two Sigma Investments LP bought a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth about $26,344,000. Bank of America Corp DE grew its holdings in Global X MLP & Energy Infrastructure ETF by 12.8% during the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after acquiring an additional 277,692 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth about $5,941,000. Warner Group LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth about $5,741,000. Finally, CIBC Bancorp USA Inc. bought a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth about $4,663,000.

Global X MLP & Energy Infrastructure ETF Stock Down 0.4%

Shares of NYSEARCA:MLPX opened at $73.32 on Friday. The firm has a market cap of $3.41 billion, a P/E ratio of 19.10 and a beta of 0.60. Global X MLP & Energy Infrastructure ETF has a 12 month low of $57.66 and a 12 month high of $76.40. The company’s 50-day moving average price is $72.68 and its two-hundred day moving average price is $65.66.

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.