Investors Research Corp Cuts Stock Holdings in Global X MLP & Energy Infrastructure ETF $MLPX

Investors Research Corp decreased its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 58.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,612 shares of the company’s stock after selling 13,565 shares during the quarter. Investors Research Corp’s holdings in Global X MLP & Energy Infrastructure ETF were worth $708,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MLPX. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 9,626.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock worth $144,813,000 after buying an additional 2,367,818 shares during the last quarter. Nottingham Advisors Inc. increased its position in shares of Global X MLP & Energy Infrastructure ETF by 51.6% during the first quarter. Nottingham Advisors Inc. now owns 88,333 shares of the company’s stock valued at $6,531,000 after acquiring an additional 30,056 shares during the last quarter. Decker Wealth Management LLC purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the first quarter valued at approximately $27,700,000. Wakefield Asset Management LLLP bought a new stake in Global X MLP & Energy Infrastructure ETF during the fourth quarter worth $656,000. Finally, Fiduciary Alliance LLC lifted its holdings in Global X MLP & Energy Infrastructure ETF by 12.6% during the first quarter. Fiduciary Alliance LLC now owns 120,491 shares of the company’s stock worth $8,524,000 after acquiring an additional 13,478 shares during the period.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA:MLPX opened at $76.37 on Wednesday. The company has a market capitalization of $3.70 billion, a PE ratio of 19.10 and a beta of 0.58. The business has a fifty day moving average price of $74.87 and a two-hundred day moving average price of $73.60. Global X MLP & Energy Infrastructure ETF has a 1 year low of $57.66 and a 1 year high of $78.36.

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.