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

WestEnd Advisors LLC lowered its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,500 shares of the company’s stock after selling 273 shares during the quarter. WestEnd Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $151,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Icon Wealth Advisors LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $6,025,000. Menlo Advisors LLC boosted its holdings in Global X MLP & Energy Infrastructure ETF by 1,302.3% in the third quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock valued at $4,430,000 after acquiring an additional 75,597 shares during the last quarter. Stratos Wealth Advisors LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 83.0% during the 4th quarter. Stratos Wealth Advisors LLC now owns 128,037 shares of the company’s stock worth $7,754,000 after purchasing an additional 58,080 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter worth approximately $2,723,000. Finally, Key Client Fiduciary Advisors LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $2,571,000.

Global X MLP & Energy Infrastructure ETF Stock Down 0.9 %

MLPX opened at $62.48 on Friday. The stock has a market cap of $1.76 billion, a PE ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a twelve month low of $43.12 and a twelve month high of $67.47. The company has a fifty day moving average of $62.42 and a 200-day moving average of $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.