Essex LLC Has $3.83 Million Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Essex LLC trimmed its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,177 shares of the company’s stock after selling 546 shares during the period. Global X MLP & Energy Infrastructure ETF comprises approximately 0.8% of Essex LLC’s investment portfolio, making the stock its 29th biggest position. Essex LLC owned approximately 0.22% of Global X MLP & Energy Infrastructure ETF worth $3,826,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its stake in Global X MLP & Energy Infrastructure ETF by 39.1% in the third quarter. Sanctuary Advisors LLC now owns 5,908 shares of the company’s stock valued at $322,000 after buying an additional 1,660 shares during the period. FMR LLC increased its position in shares of Global X MLP & Energy Infrastructure ETF by 8.5% during the 3rd quarter. FMR LLC now owns 3,676 shares of the company’s stock valued at $200,000 after purchasing an additional 288 shares during the last quarter. HighTower Advisors LLC boosted its stake in Global X MLP & Energy Infrastructure ETF by 35.4% in the third quarter. HighTower Advisors LLC now owns 7,406 shares of the company’s stock valued at $407,000 after acquiring an additional 1,938 shares during the last quarter. Brookstone Capital Management bought a new position in Global X MLP & Energy Infrastructure ETF during the fourth quarter valued at $220,000. Finally, US Bancorp DE increased its holdings in Global X MLP & Energy Infrastructure ETF by 57.6% in the 3rd quarter. US Bancorp DE now owns 6,330 shares of the company’s stock worth $345,000 after acquiring an additional 2,314 shares during the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Down 0.9 %

NYSEARCA MLPX opened at $62.48 on Friday. The firm has a market cap of $1.76 billion, a P/E ratio of 18.89 and a beta of 0.54. The company’s 50 day moving average is $62.42 and its 200-day moving average is $58.12. Global X MLP & Energy Infrastructure ETF has a 12-month low of $43.12 and a 12-month high of $67.47.

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.