Transamerica Financial Advisors Inc. Sells 1,102 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Transamerica Financial Advisors Inc. lowered its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 3.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 33,054 shares of the company’s stock after selling 1,102 shares during the period. Transamerica Financial Advisors Inc. owned approximately 0.12% of Global X MLP & Energy Infrastructure ETF worth $1,800,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MLPX. EverSource Wealth Advisors LLC purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the first quarter valued at approximately $28,000. Hara Capital LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth $33,000. Assetmark Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth $42,000. Adirondack Trust Co. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the third quarter valued at about $55,000. Finally, Capital Advisors Ltd. LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 51.5% during the second quarter. Capital Advisors Ltd. LLC now owns 1,056 shares of the company’s stock valued at $54,000 after purchasing an additional 359 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Up 0.6 %

Global X MLP & Energy Infrastructure ETF stock traded up $0.36 during midday trading on Tuesday, hitting $63.21. 43,351 shares of the stock were exchanged, compared to its average volume of 217,687. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 52-week low of $43.02 and a 52-week high of $64.72. The business’s 50-day moving average price is $57.66 and its 200-day moving average price is $53.63.

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.