Thrivent Financial for Lutherans Acquires New Position in Global X MLP & Energy Infrastructure ETF $MLPX

Thrivent Financial for Lutherans acquired a new stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 94,731 shares of the company’s stock, valued at approximately $5,941,000.

Other institutional investors also recently modified their holdings of the company. First Horizon Advisors Inc. acquired a new stake in Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at approximately $57,000. Global Retirement Partners LLC boosted its position in shares of Global X MLP & Energy Infrastructure ETF by 49.2% in the third quarter. Global Retirement Partners LLC now owns 60,907 shares of the company’s stock valued at $3,820,000 after acquiring an additional 20,098 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 7.1% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 90,581 shares of the company’s stock worth $5,676,000 after acquiring an additional 5,968 shares during the last quarter. American Trust acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the second quarter worth $1,418,000. Finally, Capital Advisors Ltd. LLC raised its stake in Global X MLP & Energy Infrastructure ETF by 54.5% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 32,091 shares of the company’s stock valued at $2,012,000 after purchasing an additional 11,318 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA:MLPX opened at $66.99 on Friday. The firm’s 50-day moving average is $61.67 and its 200-day moving average is $60.88. The company has a market cap of $2.92 billion, a price-to-earnings ratio of 19.10 and a beta of 0.79. Global X MLP & Energy Infrastructure ETF has a 52-week low of $53.54 and a 52-week high of $67.25.

Global X MLP & Energy Infrastructure ETF Company Profile

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.