Cresset Asset Management LLC Sells 92,444 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Cresset Asset Management LLC reduced its position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 37.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 151,736 shares of the company’s stock after selling 92,444 shares during the period. Cresset Asset Management LLC owned approximately 0.36% of Global X MLP & Energy Infrastructure ETF worth $9,508,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 165.7% in the first quarter. Raymond James Financial Inc. now owns 545,478 shares of the company’s stock worth $34,807,000 after acquiring an additional 340,184 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 19.2% during the second quarter. PNC Financial Services Group Inc. now owns 543,697 shares of the company’s stock valued at $34,068,000 after buying an additional 87,644 shares during the last quarter. Advisory Alpha LLC grew its position in Global X MLP & Energy Infrastructure ETF by 4.3% in the 2nd quarter. Advisory Alpha LLC now owns 396,663 shares of the company’s stock worth $24,855,000 after purchasing an additional 16,486 shares in the last quarter. Baird Financial Group Inc. raised its position in Global X MLP & Energy Infrastructure ETF by 94.7% in the first quarter. Baird Financial Group Inc. now owns 285,772 shares of the company’s stock worth $18,235,000 after acquiring an additional 138,990 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 3.2% during the 2nd quarter. Cetera Investment Advisers now owns 258,139 shares of the company’s stock valued at $16,175,000 after buying an additional 7,893 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Down 0.2%

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

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.