Sageworth Trust Co Cuts Stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Sageworth Trust Co lowered its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPXFree Report) by 28.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 36,012 shares of the company’s stock after selling 14,100 shares during the period. Sageworth Trust Co’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,181,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Hara Capital LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the third quarter valued at about $33,000. Assetmark Inc. purchased a new stake in Global X MLP & Energy Infrastructure ETF during the 3rd quarter valued at about $42,000. Sunbelt Securities Inc. grew its position in Global X MLP & Energy Infrastructure ETF by 276.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock worth $61,000 after acquiring an additional 829 shares during the last quarter. Advisors Asset Management Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $65,000. Finally, Private Trust Co. NA lifted its position in Global X MLP & Energy Infrastructure ETF by 88.9% in the third quarter. Private Trust Co. NA now owns 1,983 shares of the company’s stock valued at $108,000 after purchasing an additional 933 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA:MLPX opened at $62.48 on Friday. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $43.12 and a fifty-two week high of $67.47. The firm has a market cap of $1.76 billion, a PE ratio of 18.89 and a beta of 0.54. The business has a 50 day moving average price of $62.45 and a 200-day moving average price of $58.06.

Global X MLP & Energy Infrastructure ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MLPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPXFree Report).

Institutional Ownership by Quarter for Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Receive News & Ratings for Global X MLP & Energy Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP & Energy Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.