Patriot Investment Management Group Inc. Decreases Stock Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Patriot Investment Management Group Inc. trimmed its stake in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 5.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 44,374 shares of the company’s stock after selling 2,492 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $2,415,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Adirondack Trust Co. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the 3rd quarter worth approximately $55,000. CWM LLC grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 8.6% during the 3rd quarter. CWM LLC now owns 21,251 shares of the company’s stock valued at $1,157,000 after purchasing an additional 1,689 shares during the period. Dynamic Advisor Solutions LLC increased its stake in shares of Global X MLP & Energy Infrastructure ETF by 0.7% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 78,449 shares of the company’s stock worth $4,270,000 after purchasing an additional 523 shares in the last quarter. HBW Advisory Services LLC raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 2.7% in the third quarter. HBW Advisory Services LLC now owns 10,146 shares of the company’s stock worth $552,000 after buying an additional 271 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the second quarter worth $209,000.

Global X MLP & Energy Infrastructure ETF Price Performance

NYSEARCA MLPX opened at $57.30 on Monday. The business has a 50 day simple moving average of $53.79 and a two-hundred day simple moving average of $51.34. Global X MLP & Energy Infrastructure ETF has a 1-year low of $41.81 and a 1-year high of $57.30. The stock has a market capitalization of $1.61 billion, a PE ratio of 18.89 and a beta of 0.54.

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.