Verity & Verity LLC Sells 1,425 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Verity & Verity LLC trimmed its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Get Rating) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,523 shares of the company’s stock after selling 1,425 shares during the quarter. Verity & Verity LLC owned about 0.24% of Global X MLP & Energy Infrastructure ETF worth $2,548,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the second quarter worth about $463,000. Ameraudi Asset Management Inc. grew its position in Global X MLP & Energy Infrastructure ETF by 0.6% during the third quarter. Ameraudi Asset Management Inc. now owns 84,396 shares of the company’s stock worth $3,163,000 after buying an additional 467 shares in the last quarter. Legacy Capital Wealth Partners LLC boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 1.5% in the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 44,464 shares of the company’s stock worth $1,667,000 after purchasing an additional 670 shares in the last quarter. Leavell Investment Management Inc. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth about $306,000. Finally, Cetera Investment Advisers boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 7.2% in the 2nd quarter. Cetera Investment Advisers now owns 34,767 shares of the company’s stock worth $1,325,000 after purchasing an additional 2,329 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Down 1.4 %

MLPX opened at $37.77 on Friday. The stock has a 50-day moving average price of $41.25 and a 200-day moving average price of $41.08. Global X MLP & Energy Infrastructure ETF has a 12-month low of $35.81 and a 12-month high of $45.94. The stock has a market capitalization of $975.60 million, a P/E ratio of 13.54 and a beta of 1.33.

Global X MLP & Energy Infrastructure ETF Company Profile

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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.