Cetera Investment Advisers Sells 15,992 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Cetera Investment Advisers reduced its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 7.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,050 shares of the company’s stock after selling 15,992 shares during the period. Cetera Investment Advisers’ holdings in Global X MLP & Energy Infrastructure ETF were worth $13,978,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Purpose Unlimited Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter valued at approximately $27,000. Turtle Creek Wealth Advisors LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 1st quarter worth approximately $29,000. Private Wealth Asset Management LLC bought a new stake in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $30,000. Simplex Trading LLC lifted its holdings in Global X MLP & Energy Infrastructure ETF by 247.9% during the fourth quarter. Simplex Trading LLC now owns 508 shares of the company’s stock valued at $31,000 after purchasing an additional 362 shares in the last quarter. Finally, Clearstead Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at approximately $49,000.

Global X MLP & Energy Infrastructure ETF Price Performance

MLPX opened at $74.29 on Wednesday. The firm has a market cap of $3.57 billion, a P/E ratio of 19.10 and a beta of 0.57. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $78.36. The company has a 50 day simple moving average of $74.48 and a two-hundred day simple moving average of $71.70.

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.