Sageworth Trust Co Decreases Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Sageworth Trust Co decreased its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 28.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,012 shares of the company’s stock after selling 14,100 shares during the period. Sageworth Trust Co owned 0.13% of Global X MLP & Energy Infrastructure ETF worth $2,181,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MLPX. Icon Wealth Advisors LLC purchased a new position in Global X MLP & Energy Infrastructure ETF in the third quarter valued at approximately $6,025,000. Menlo Advisors LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 1,302.3% in the third quarter. Menlo Advisors LLC now owns 81,402 shares of the company’s stock valued at $4,430,000 after buying an additional 75,597 shares during the period. Stratos Wealth Advisors LLC lifted its position in shares of Global X MLP & Energy Infrastructure ETF by 83.0% during the 4th quarter. Stratos Wealth Advisors LLC now owns 128,037 shares of the company’s stock valued at $7,754,000 after buying an additional 58,080 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 4th quarter worth $2,723,000. Finally, Key Client Fiduciary Advisors LLC purchased a new stake in Global X MLP & Energy Infrastructure ETF in the 4th quarter worth about $2,571,000.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of Global X MLP & Energy Infrastructure ETF stock opened at $62.48 on Friday. The stock has a market capitalization of $1.76 billion, a P/E ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 52-week low of $43.12 and a 52-week high of $67.47. The stock’s 50-day simple moving average is $62.45 and its 200 day simple moving average is $58.06.

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.