Warner Group LLC Reduces Stake in Global X MLP & Energy Infrastructure ETF $MLPX

Warner Group LLC lessened its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 10.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 81,530 shares of the company’s stock after selling 10,016 shares during the period. Global X MLP & Energy Infrastructure ETF comprises 3.0% of Warner Group LLC’s portfolio, making the stock its 10th largest holding. Warner Group LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $4,935,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MLPX. HighTower Advisors LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 829.8% in the fourth quarter. HighTower Advisors LLC now owns 151,933 shares of the company’s stock worth $9,197,000 after purchasing an additional 135,593 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF in the fourth quarter worth $693,000. Blume Capital Management Inc. increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 6,799.9% in the fourth quarter. Blume Capital Management Inc. now owns 66,377 shares of the company’s stock worth $4,018,000 after purchasing an additional 65,415 shares in the last quarter. Wakefield Asset Management LLLP purchased a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at $656,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Global X MLP & Energy Infrastructure ETF by 9,626.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock valued at $144,813,000 after acquiring an additional 2,367,818 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

MLPX opened at $77.05 on Tuesday. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 19.10 and a beta of 0.60. The company has a fifty day moving average of $73.09 and a 200 day moving average of $66.43. Global X MLP & Energy Infrastructure ETF has a fifty-two week low of $57.66 and a fifty-two week high of $77.12.

Global X MLP & Energy Infrastructure ETF 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.