Steel Grove Capital Advisors LLC Has $247,000 Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Steel Grove Capital Advisors LLC lowered its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 12.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,037 shares of the company’s stock after selling 734 shares during the period. Steel Grove Capital Advisors LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $247,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. JNBA Financial Advisors acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $36,000. Oakworth Capital Inc. acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $45,000. Global Retirement Partners LLC boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 142.6% in the 4th quarter. Global Retirement Partners LLC now owns 2,067 shares of the company’s stock valued at $92,000 after purchasing an additional 1,215 shares in the last quarter. RiverFront Investment Group LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 4th quarter valued at $217,000. Finally, Inscription Capital LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 1st quarter valued at $220,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA:MLPX traded up $0.40 on Friday, hitting $52.24. The stock had a trading volume of 337,532 shares, compared to its average volume of 185,433. Global X MLP & Energy Infrastructure ETF has a twelve month low of $40.38 and a twelve month high of $53.81. The firm’s 50 day moving average price is $50.67 and its 200-day moving average price is $48.17. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54.

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.