Cwm LLC Trims Stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Cwm LLC cut its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 6.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 15,730 shares of the company’s stock after selling 1,170 shares during the quarter. Cwm LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $702,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Channel Wealth LLC boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 4.4% during the third quarter. Channel Wealth LLC now owns 7,065 shares of the company’s stock valued at $299,000 after buying an additional 300 shares during the period. Stratos Wealth Advisors LLC boosted its holdings in Global X MLP & Energy Infrastructure ETF by 0.5% during the 4th quarter. Stratos Wealth Advisors LLC now owns 62,822 shares of the company’s stock valued at $2,803,000 after acquiring an additional 308 shares during the period. Stratos Wealth Partners LTD. grew its position in Global X MLP & Energy Infrastructure ETF by 4.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 7,576 shares of the company’s stock valued at $321,000 after acquiring an additional 324 shares during the last quarter. Advisor Resource Council increased its stake in Global X MLP & Energy Infrastructure ETF by 3.0% in the third quarter. Advisor Resource Council now owns 11,595 shares of the company’s stock worth $491,000 after purchasing an additional 342 shares during the period. Finally, Aspen Wealth Strategies LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 7.5% during the fourth quarter. Aspen Wealth Strategies LLC now owns 5,630 shares of the company’s stock worth $251,000 after purchasing an additional 392 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 0.4 %

Shares of MLPX opened at $49.43 on Tuesday. The firm has a market capitalization of $1.10 billion, a P/E ratio of 18.64 and a beta of 0.58. Global X MLP & Energy Infrastructure ETF has a 12-month low of $38.30 and a 12-month high of $49.67. The firm has a fifty day moving average price of $47.64 and a 200-day moving average price of $45.28.

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.