Global X MLP & Energy Infrastructure ETF $MLPX Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC decreased its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 51.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,303 shares of the company’s stock after selling 3,490 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $207,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Global X MLP & Energy Infrastructure ETF in the first quarter valued at approximately $185,000. Private Advisor Group LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 5.1% during the first quarter. Private Advisor Group LLC now owns 8,293 shares of the company’s stock worth $529,000 after purchasing an additional 399 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 13.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 45,101 shares of the company’s stock worth $2,878,000 after purchasing an additional 5,438 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Global X MLP & Energy Infrastructure ETF by 11.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 109,482 shares of the company’s stock worth $6,986,000 after acquiring an additional 11,356 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 29.3% during the first quarter. Janney Montgomery Scott LLC now owns 9,160 shares of the company’s stock worth $584,000 after acquiring an additional 2,073 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Down 2.2%

Shares of MLPX opened at $59.23 on Friday. The firm has a market cap of $2.51 billion, a PE ratio of 19.10 and a beta of 1.30. The company’s 50 day simple moving average is $61.17 and its 200-day simple moving average is $61.00. Global X MLP & Energy Infrastructure ETF has a 12-month low of $53.54 and a 12-month high of $67.47.

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.