Decker Wealth Management LLC trimmed its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) by 20.5% in the third quarter, HoldingsChannel.com reports. The fund owned 294,977 shares of the company’s stock after selling 76,059 shares during the period. Global X MLP & Energy Infrastructure ETF makes up 4.3% of Decker Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Decker Wealth Management LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $20,595,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the business. First Heartland Consultants Inc. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at $281,000. Farther Finance Advisors LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 2.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 116,375 shares of the company’s stock worth $8,125,000 after purchasing an additional 3,282 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 21.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 17,176 shares of the company’s stock worth $1,265,000 after buying an additional 2,997 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Global X MLP & Energy Infrastructure ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 326,689 shares of the company’s stock valued at $24,064,000 after buying an additional 9,679 shares during the period. Finally, Menlo Advisors LLC grew its position in Global X MLP & Energy Infrastructure ETF by 16.7% during the second quarter. Menlo Advisors LLC now owns 115,872 shares of the company’s stock valued at $8,535,000 after buying an additional 16,620 shares during the period.
Global X MLP & Energy Infrastructure ETF Stock Down 0.4%
NYSEARCA MLPX traded down $0.30 during trading hours on Friday, reaching $72.15. 265,478 shares of the company were exchanged, compared to its average volume of 408,041. The stock has a market capitalization of $3.52 billion, a P/E ratio of 19.10 and a beta of 0.63. Global X MLP & Energy Infrastructure ETF has a 1 year low of $57.66 and a 1 year high of $78.36. The business’s 50 day simple moving average is $73.91 and its 200-day simple moving average is $73.98.
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.
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