Transform Wealth LLC Sells 11,348 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Transform Wealth LLC trimmed its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 17.3% during the 4th quarter, Holdings Channel reports. The fund owned 54,107 shares of the company’s stock after selling 11,348 shares during the period. Transform Wealth LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $3,279,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Evergreen Capital Management LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the second quarter valued at approximately $22,083,000. Envestnet Asset Management Inc. lifted its holdings in Global X MLP & Energy Infrastructure ETF by 25.0% during the second quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock worth $21,115,000 after buying 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 acquiring an additional 11,879 shares during the period. Cetera Investment Advisers raised its position in shares of Global X MLP & Energy Infrastructure ETF by 8.2% in the 2nd quarter. Cetera Investment Advisers now owns 224,248 shares of the company’s stock worth $11,448,000 after acquiring an additional 16,951 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of Global X MLP & Energy Infrastructure ETF by 1.2% during the 3rd quarter. Stifel Financial Corp now owns 222,640 shares of the company’s stock worth $12,118,000 after purchasing an additional 2,725 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX opened at $66.05 on Tuesday. The firm has a market capitalization of $1.86 billion, a PE ratio of 18.89 and a beta of 0.54. The business’s 50-day moving average is $61.96 and its two-hundred day moving average is $57.01. Global X MLP & Energy Infrastructure ETF has a 1 year low of $43.12 and a 1 year high of $66.41.

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.