Endowment Wealth Management Inc. Decreases Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Endowment Wealth Management Inc. reduced its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 9.2% during the 4th quarter, Holdings Channel reports. The fund owned 3,857 shares of the company’s stock after selling 390 shares during the period. Endowment Wealth Management Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 39.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 5,908 shares of the company’s stock worth $322,000 after purchasing an additional 1,660 shares during the last quarter. FMR LLC raised its position in Global X MLP & Energy Infrastructure ETF by 8.5% in the third quarter. FMR LLC now owns 3,676 shares of the company’s stock valued at $200,000 after purchasing an additional 288 shares during the period. HighTower Advisors LLC lifted its stake in Global X MLP & Energy Infrastructure ETF by 35.4% during the 3rd quarter. HighTower Advisors LLC now owns 7,406 shares of the company’s stock worth $407,000 after acquiring an additional 1,938 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter valued at approximately $220,000. Finally, D.A. Davidson & CO. increased its stake in Global X MLP & Energy Infrastructure ETF by 30.6% during the 4th quarter. D.A. Davidson & CO. now owns 9,388 shares of the company’s stock worth $569,000 after buying an additional 2,200 shares during the period.

Global X MLP & Energy Infrastructure ETF Trading Down 0.1 %

MLPX stock opened at $59.94 on Tuesday. The company has a market capitalization of $2.73 billion, a P/E ratio of 17.14 and a beta of 1.26. The business has a 50 day simple moving average of $62.85 and a 200-day simple moving average of $59.63. Global X MLP & Energy Infrastructure ETF has a twelve month low of $46.69 and a twelve month high of $67.47.

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.