Sanctuary Advisors LLC Sells 26,838 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Sanctuary Advisors LLC cut its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 81.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,260 shares of the company’s stock after selling 26,838 shares during the period. Sanctuary Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $463,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Global X MLP & Energy Infrastructure ETF by 9,626.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock valued at $144,813,000 after buying an additional 2,367,818 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 8.6% during the fourth quarter. Morgan Stanley now owns 10,749,125 shares of the company’s stock valued at $650,645,000 after acquiring an additional 848,899 shares during the period. Two Sigma Investments LP bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the third quarter valued at $26,344,000. School Employees Retirement Board of Ohio bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the first quarter valued at $24,443,000. Finally, Bank of America Corp DE boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 12.8% in the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock valued at $153,320,000 after purchasing an additional 277,692 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

MLPX opened at $74.47 on Thursday. The firm’s 50-day simple moving average is $74.44 and its 200-day simple moving average is $71.80. Global X MLP & Energy Infrastructure ETF has a twelve month low of $57.66 and a twelve month high of $78.36. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 19.10 and a beta of 0.57.

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.