Transform Wealth LLC Reduces Stock Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Transform Wealth LLC lowered its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 17.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,107 shares of the company’s stock after selling 11,348 shares during the quarter. Transform Wealth LLC owned approximately 0.19% of Global X MLP & Energy Infrastructure ETF worth $3,279,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in MLPX. Arkadios Wealth Advisors bought a new position in Global X MLP & Energy Infrastructure ETF in the fourth quarter worth approximately $214,000. Sax Wealth Advisors LLC grew its holdings in Global X MLP & Energy Infrastructure ETF by 15.1% during the fourth quarter. Sax Wealth Advisors LLC now owns 4,696 shares of the company’s stock valued at $284,000 after purchasing an additional 615 shares during the period. Saxon Interests Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter worth about $555,000. KMG Fiduciary Partners LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 0.7% during the 4th quarter. KMG Fiduciary Partners LLC now owns 57,858 shares of the company’s stock valued at $3,504,000 after buying an additional 419 shares in the last quarter. Finally, Fortis Advisors LLC grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 1.4% during the 4th quarter. Fortis Advisors LLC now owns 88,609 shares of the company’s stock valued at $5,366,000 after acquiring an additional 1,213 shares during the period.

Global X MLP & Energy Infrastructure ETF Trading Up 0.6 %

NYSEARCA MLPX opened at $66.05 on Tuesday. Global X MLP & Energy Infrastructure ETF has a 12 month low of $43.12 and a 12 month high of $66.41. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. The company’s 50 day moving average is $61.96 and its two-hundred day moving average is $57.01.

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.