Baird Financial Group Inc. Sells 19,252 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Baird Financial Group Inc. cut its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 6.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 266,520 shares of the company’s stock after selling 19,252 shares during the period. Baird Financial Group Inc. owned approximately 0.63% of Global X MLP & Energy Infrastructure ETF worth $16,700,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Briaud Financial Planning Inc lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 1,270.6% in the second quarter. Briaud Financial Planning Inc now owns 466 shares of the company’s stock worth $29,000 after buying an additional 432 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Global X MLP & Energy Infrastructure ETF by 35.5% during the 2nd quarter. IFP Advisors Inc now owns 722 shares of the company’s stock valued at $45,000 after acquiring an additional 189 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at approximately $57,000. Russell Investments Group Ltd. lifted its holdings in Global X MLP & Energy Infrastructure ETF by 24,040.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock worth $76,000 after purchasing an additional 1,202 shares during the last quarter. Finally, SVB Wealth LLC acquired a new stake in Global X MLP & Energy Infrastructure ETF in the 1st quarter worth approximately $80,000.

Global X MLP & Energy Infrastructure ETF Stock Down 0.2%

Shares of MLPX stock opened at $61.53 on Friday. Global X MLP & Energy Infrastructure ETF has a 12 month low of $53.54 and a 12 month high of $67.47. The business’s 50 day moving average is $59.92 and its two-hundred day moving average is $60.79. The company has a market cap of $2.60 billion, a PE ratio of 19.10 and a beta of 0.79.

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.