Investors Research Corp Sells 13,565 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Investors Research Corp lowered its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 58.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,612 shares of the company’s stock after selling 13,565 shares during the quarter. Investors Research Corp’s holdings in Global X MLP & Energy Infrastructure ETF were worth $708,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MLPX. Advisory Services Network LLC increased its holdings in Global X MLP & Energy Infrastructure ETF by 0.7% during the 2nd quarter. Advisory Services Network LLC now owns 28,092 shares of the company’s stock worth $1,747,000 after purchasing an additional 184 shares in the last quarter. Fielder Capital Group LLC grew its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1.4% during the fourth quarter. Fielder Capital Group LLC now owns 13,284 shares of the company’s stock worth $804,000 after buying an additional 188 shares in the last quarter. Wealthspan Partners LLC raised its position in Global X MLP & Energy Infrastructure ETF by 1.0% in the 4th quarter. Wealthspan Partners LLC now owns 18,533 shares of the company’s stock valued at $1,122,000 after buying an additional 189 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in Global X MLP & Energy Infrastructure ETF by 1.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 13,093 shares of the company’s stock valued at $793,000 after buying an additional 190 shares during the last quarter. Finally, Comprehensive Money Management Services LLC raised its position in Global X MLP & Energy Infrastructure ETF by 3.7% in the 1st quarter. Comprehensive Money Management Services LLC now owns 5,285 shares of the company’s stock valued at $391,000 after buying an additional 190 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA MLPX opened at $74.33 on Thursday. Global X MLP & Energy Infrastructure ETF has a 52 week low of $57.66 and a 52 week high of $78.36. The stock’s 50 day moving average price is $74.34 and its two-hundred day moving average price is $72.67. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 19.10 and a beta of 0.58.

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.