Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) Shares Sold by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC decreased its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 21.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,388 shares of the company’s stock after selling 1,794 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $285,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MLPX. Aspen Wealth Strategies LLC lifted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 7.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 5,630 shares of the company’s stock worth $251,000 after acquiring an additional 392 shares during the last quarter. SeaCrest Wealth Management LLC grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 2.3% in the fourth quarter. SeaCrest Wealth Management LLC now owns 49,584 shares of the company’s stock valued at $2,229,000 after buying an additional 1,096 shares in the last quarter. RiverFront Investment Group LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $217,000. NTV Asset Management LLC lifted its stake in Global X MLP & Energy Infrastructure ETF by 2.3% during the 3rd quarter. NTV Asset Management LLC now owns 22,550 shares of the company’s stock worth $956,000 after acquiring an additional 500 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in Global X MLP & Energy Infrastructure ETF by 24.5% during the 3rd quarter. Stifel Financial Corp now owns 82,697 shares of the company’s stock valued at $3,505,000 after acquiring an additional 16,279 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

NYSEARCA MLPX opened at $49.01 on Friday. The company has a market cap of $1.38 billion, a P/E ratio of 18.89 and a beta of 0.54. The stock has a 50-day moving average of $48.73 and a two-hundred day moving average of $46.02. Global X MLP & Energy Infrastructure ETF has a 1-year low of $38.30 and a 1-year high of $50.67.

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.