Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Sold by MAI Capital Management

MAI Capital Management cut its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 183,474 shares of the company’s stock after selling 2,335 shares during the quarter. MAI Capital Management owned 0.65% of Global X MLP & Energy Infrastructure ETF worth $9,987,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MLPX. Evergreen Capital Management LLC acquired a new position in Global X MLP & Energy Infrastructure ETF during the second quarter worth $22,083,000. Envestnet Asset Management Inc. grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 25.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after purchasing an additional 82,703 shares during the period. Annandale Capital LLC increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 4.1% in the 2nd quarter. Annandale Capital LLC now owns 302,549 shares of the company’s stock valued at $15,445,000 after purchasing an additional 11,879 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 8.2% in the second quarter. Cetera Investment Advisers now owns 224,248 shares of the company’s stock valued at $11,448,000 after purchasing an additional 16,951 shares during the period. Finally, Curran Financial Partners LLC boosted its holdings in Global X MLP & Energy Infrastructure ETF by 3.2% during the third quarter. Curran Financial Partners LLC now owns 220,729 shares of the company’s stock worth $12,014,000 after buying an additional 6,890 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 1.6 %

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $62.11 on Tuesday. The company has a 50-day moving average of $56.51 and a two-hundred day moving average of $53.03. Global X MLP & Energy Infrastructure ETF has a 12-month low of $43.02 and a 12-month high of $62.18. The stock has a market cap of $1.75 billion, a PE ratio of 18.89 and a beta of 0.54.

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.