UBS Group AG Sells 147,110 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

UBS Group AG trimmed its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 18.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 659,711 shares of the company’s stock after selling 147,110 shares during the period. UBS Group AG’s holdings in Global X MLP & Energy Infrastructure ETF were worth $39,932,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp boosted its stake in Global X MLP & Energy Infrastructure ETF by 709.9% during the 3rd quarter. Fifth Third Bancorp now owns 575 shares of the company’s stock worth $36,000 after acquiring an additional 504 shares during the last quarter. Blume Capital Management Inc. boosted its stake in Global X MLP & Energy Infrastructure ETF by 493.8% during the 3rd quarter. Blume Capital Management Inc. now owns 962 shares of the company’s stock worth $60,000 after acquiring an additional 800 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Global X MLP & Energy Infrastructure ETF by 24,040.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock worth $76,000 after acquiring an additional 1,202 shares during the last quarter. Glass Jacobson Investment Advisors llc bought a new position in Global X MLP & Energy Infrastructure ETF during the 4th quarter worth approximately $106,000. Finally, Sunbelt Securities Inc. boosted its stake 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 worth $118,000 after acquiring an additional 754 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Price Performance

Global X MLP & Energy Infrastructure ETF stock opened at $73.32 on Friday. The company’s 50 day simple moving average is $72.68 and its 200 day simple moving average is $65.66. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $76.40. The firm has a market capitalization of $3.41 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.