SOL Capital Management CO Lowers Stock Holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

SOL Capital Management CO trimmed its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 0.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 84,250 shares of the company’s stock after selling 450 shares during the period. SOL Capital Management CO’s holdings in Global X MLP & Energy Infrastructure ETF were worth $4,586,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MLPX. Stratos Wealth Advisors LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 6.0% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 69,957 shares of the company’s stock valued at $3,808,000 after purchasing an additional 3,971 shares in the last quarter. Teamwork Financial Advisors LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $660,000. Bleakley Financial Group LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at about $354,000. Global Retirement Partners LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 53.0% in the 3rd quarter. Global Retirement Partners LLC now owns 50,075 shares of the company’s stock valued at $2,726,000 after purchasing an additional 17,352 shares in the last quarter. Finally, Curran Financial Partners LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 3.2% in the 3rd quarter. Curran Financial Partners LLC now owns 220,729 shares of the company’s stock valued at $12,014,000 after purchasing an additional 6,890 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

NYSEARCA:MLPX opened at $56.96 on Thursday. Global X MLP & Energy Infrastructure ETF has a one year low of $41.81 and a one year high of $57.68. The firm has a market cap of $1.60 billion, a P/E ratio of 18.89 and a beta of 0.54. The firm has a 50-day simple moving average of $54.68 and a 200-day simple moving average of $51.78.

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.