Endowment Wealth Management Inc. Decreases Stock Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Endowment Wealth Management Inc. decreased its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 17.5% during the third quarter, Holdings Channel.com reports. The fund owned 4,247 shares of the company’s stock after selling 902 shares during the period. Endowment Wealth Management Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $231,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the first quarter valued at about $28,000. Hara Capital LLC acquired a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $33,000. Assetmark Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $42,000. Capital Advisors Ltd. LLC lifted its stake in Global X MLP & Energy Infrastructure ETF by 51.5% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock valued at $54,000 after acquiring an additional 359 shares during the period. Finally, Adirondack Trust Co. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at $55,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $60.23 on Thursday. The stock has a market cap of $1.70 billion, a PE ratio of 18.89 and a beta of 0.54. The firm has a fifty day moving average price of $56.08 and a 200 day moving average price of $52.78. Global X MLP & Energy Infrastructure ETF has a 1 year low of $42.60 and a 1 year high of $61.25.

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.