Choreo LLC Sells 2,551 Shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Choreo LLC decreased its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 19.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,700 shares of the company’s stock after selling 2,551 shares during the period. Choreo LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $646,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hara Capital LLC bought a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at approximately $33,000. Assetmark Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at approximately $42,000. Sunbelt Securities Inc. increased its position in Global X MLP & Energy Infrastructure ETF by 276.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,129 shares of the company’s stock valued at $61,000 after acquiring an additional 829 shares during the period. Advisors Asset Management Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at approximately $65,000. Finally, Private Trust Co. NA increased its position in Global X MLP & Energy Infrastructure ETF by 88.9% in the 3rd quarter. Private Trust Co. NA now owns 1,983 shares of the company’s stock valued at $108,000 after acquiring an additional 933 shares during the period.

Global X MLP & Energy Infrastructure ETF Stock Performance

Shares of NYSEARCA MLPX opened at $63.04 on Tuesday. Global X MLP & Energy Infrastructure ETF has a 52-week low of $43.12 and a 52-week high of $67.47. The firm has a 50 day moving average price of $62.42 and a two-hundred day moving average price of $58.20. The stock has a market cap of $1.78 billion, a P/E ratio of 18.89 and a beta of 0.54.

Global X MLP & Energy Infrastructure ETF Company 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.