WestEnd Advisors LLC Sells 273 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

WestEnd Advisors LLC cut its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,500 shares of the company’s stock after selling 273 shares during the period. WestEnd Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of MLPX. Sanctuary Advisors LLC raised its position in shares of Global X MLP & Energy Infrastructure ETF by 39.1% in the third quarter. Sanctuary Advisors LLC now owns 5,908 shares of the company’s stock worth $322,000 after buying an additional 1,660 shares in the last quarter. FMR LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 8.5% in the third quarter. FMR LLC now owns 3,676 shares of the company’s stock worth $200,000 after purchasing an additional 288 shares during the last quarter. HighTower Advisors LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 35.4% in the third quarter. HighTower Advisors LLC now owns 7,406 shares of the company’s stock valued at $407,000 after purchasing an additional 1,938 shares in the last quarter. Brookstone Capital Management bought a new stake in Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at approximately $220,000. Finally, US Bancorp DE lifted its position in Global X MLP & Energy Infrastructure ETF by 57.6% during the third quarter. US Bancorp DE now owns 6,330 shares of the company’s stock valued at $345,000 after purchasing an additional 2,314 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

Global X MLP & Energy Infrastructure ETF stock opened at $62.48 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $43.12 and a fifty-two week high of $67.47. The stock has a market cap of $1.76 billion, a P/E ratio of 18.89 and a beta of 0.54. The firm’s fifty day moving average price is $62.42 and its 200-day moving average price is $58.12.

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.