Creative Planning Cuts Position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX)

Creative Planning lessened its stake in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 33.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,128 shares of the company’s stock after selling 5,625 shares during the quarter. Creative Planning’s holdings in Global X MLP & Energy Infrastructure ETF were worth $568,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Evergreen Capital Management LLC purchased a new position in Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at about $22,083,000. Cetera Investment Advisers purchased a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at about $10,155,000. Envestnet Asset Management Inc. increased its holdings in Global X MLP & Energy Infrastructure ETF by 25.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 413,623 shares of the company’s stock valued at $21,115,000 after acquiring an additional 82,703 shares in the last quarter. Atria Investments Inc purchased a new position in Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at about $3,988,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at about $2,605,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX opened at $57.47 on Tuesday. The company has a market cap of $1.62 billion, a PE ratio of 18.89 and a beta of 0.54. Global X MLP & Energy Infrastructure ETF has a 12 month low of $41.81 and a 12 month high of $57.53. The company has a 50-day simple moving average of $53.93 and a 200-day simple moving average of $51.40.

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.