Thrivent Financial for Lutherans Sells 26,132 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Thrivent Financial for Lutherans lessened its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 27.6% during the fourth quarter, HoldingsChannel reports. The firm owned 68,599 shares of the company’s stock after selling 26,132 shares during the period. Thrivent Financial for Lutherans’ holdings in Global X MLP & Energy Infrastructure ETF were worth $4,169,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Fifth Third Bancorp raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 709.9% in the 3rd quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock worth $36,000 after purchasing an additional 504 shares during the period. Blume Capital Management Inc. raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 493.8% in the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock worth $60,000 after purchasing an additional 800 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of 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 period. Glass Jacobson Investment Advisors llc bought a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at $106,000. Finally, Sunbelt Securities Inc. raised its holdings in Global X MLP & Energy Infrastructure ETF by 66.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,883 shares of the company’s stock valued at $118,000 after acquiring an additional 754 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of MLPX stock opened at $77.33 on Friday. The company’s fifty day simple moving average is $73.49 and its two-hundred day simple moving average is $66.89. Global X MLP & Energy Infrastructure ETF has a 1 year low of $57.66 and a 1 year high of $78.36. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 19.10 and a beta of 0.60.

Global X MLP & Energy Infrastructure ETF 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.