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

Menlo Advisors LLC decreased its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 100,697 shares of the company’s stock after selling 1,695 shares during the quarter. Global X MLP & Energy Infrastructure ETF comprises approximately 3.4% of Menlo Advisors LLC’s portfolio, making the stock its 13th biggest holding. Menlo Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $6,309,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Private Advisor Group LLC boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 5.1% during the 1st quarter. Private Advisor Group LLC now owns 8,293 shares of the company’s stock worth $529,000 after acquiring an additional 399 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Global X MLP & Energy Infrastructure ETF by 2.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 46,203 shares of the company’s stock worth $2,857,000 after purchasing an additional 1,102 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in Global X MLP & Energy Infrastructure ETF by 7.1% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 90,581 shares of the company’s stock worth $5,676,000 after purchasing an additional 5,968 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 20.9% during the second quarter. Janney Montgomery Scott LLC now owns 11,079 shares of the company’s stock worth $694,000 after purchasing an additional 1,919 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC boosted its position in Global X MLP & Energy Infrastructure ETF by 3.9% during the second quarter. Key Client Fiduciary Advisors LLC now owns 48,720 shares of the company’s stock worth $3,053,000 after purchasing an additional 1,810 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 0.0%

Shares of MLPX stock opened at $58.76 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $53.54 and a fifty-two week high of $67.47. The stock has a market cap of $2.48 billion, a P/E ratio of 19.10 and a beta of 0.79. The business has a fifty day simple moving average of $60.45 and a 200-day simple moving average of $60.86.

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.