Strategic Wealth Investment Group LLC Sells 11,926 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Strategic Wealth Investment Group LLC trimmed its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 25.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 34,165 shares of the company’s stock after selling 11,926 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,068,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MLPX. Private Wealth Asset Management LLC bought a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $30,000. Fifth Third Bancorp boosted its position in Global X MLP & Energy Infrastructure ETF by 709.9% in the 3rd quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock valued at $36,000 after buying an additional 504 shares during the last quarter. Clearstead Advisors LLC bought a new position in Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $49,000. IFP Advisors Inc boosted its position in Global X MLP & Energy Infrastructure ETF by 26.4% in the 4th quarter. IFP Advisors Inc now owns 938 shares of the company’s stock valued at $57,000 after buying an additional 196 shares during the last quarter. Finally, Blume Capital Management Inc. lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 493.8% in the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock valued at $60,000 after purchasing an additional 800 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Down 1.0%

MLPX stock opened at $73.56 on Friday. The business’s fifty day moving average is $73.61 and its 200-day moving average is $67.93. The company has a market cap of $3.42 billion, a P/E ratio of 19.10 and a beta of 0.58. Global X MLP & Energy Infrastructure ETF has a twelve month low of $57.66 and a twelve month high of $78.36.

About Global X MLP & Energy Infrastructure ETF

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.