Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. decreased its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 10.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,475 shares of the company’s stock after selling 1,353 shares during the quarter. Foster & Motley Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $625,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Evergreen Capital Management LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth $22,083,000. Cetera Investment Advisers acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF during the first quarter worth about $10,155,000. Envestnet Asset Management Inc. grew its holdings in shares of 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 last quarter. Atria Investments Inc acquired a new position in Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at about $3,988,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at approximately $2,605,000.

Global X MLP & Energy Infrastructure ETF Trading Up 0.8 %

Global X MLP & Energy Infrastructure ETF stock opened at $59.95 on Friday. The stock has a 50 day moving average of $55.68 and a two-hundred day moving average of $52.48. Global X MLP & Energy Infrastructure ETF has a twelve month low of $42.29 and a twelve month high of $60.15. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54.

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.