Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Stock Position Decreased by Verity & Verity LLC

Verity & Verity LLC cut its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,923 shares of the company’s stock after selling 504 shares during the period. Verity & Verity LLC owned approximately 0.11% of Global X MLP & Energy Infrastructure ETF worth $1,812,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Hara Capital LLC acquired a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $33,000. Assetmark Inc. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at $42,000. Adirondack Trust Co. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter worth $55,000. Sunbelt Securities Inc. grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 276.3% during the third quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock valued at $61,000 after buying an additional 829 shares in the last quarter. Finally, Advisors Asset Management Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF during the third quarter valued at $65,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

MLPX stock opened at $66.05 on Friday. The stock has a market cap of $1.86 billion, a P/E ratio of 18.89 and a beta of 0.54. The firm has a 50 day simple moving average of $61.86 and a 200 day simple moving average of $56.84. Global X MLP & Energy Infrastructure ETF has a 52 week low of $43.12 and a 52 week high of $66.41.

About Global X MLP & Energy Infrastructure ETF

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.