Sageworth Trust Co of South Dakota Takes Position in Global X MLP & Energy Infrastructure ETF $MLPX

Sageworth Trust Co of South Dakota bought a new position in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,297 shares of the company’s stock, valued at approximately $520,000.

Several other institutional investors have also modified their holdings of the business. Briaud Financial Planning Inc grew its stake in Global X MLP & Energy Infrastructure ETF by 1,270.6% during the 2nd quarter. Briaud Financial Planning Inc now owns 466 shares of the company’s stock valued at $29,000 after purchasing an additional 432 shares in the last quarter. IFP Advisors Inc raised its position in shares of Global X MLP & Energy Infrastructure ETF by 35.5% in the 2nd quarter. IFP Advisors Inc now owns 722 shares of the company’s stock valued at $45,000 after purchasing an additional 189 shares in the last quarter. First Horizon Advisors Inc. purchased a new position in shares of Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at approximately $57,000. Russell Investments Group Ltd. boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 24,040.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock valued at $76,000 after buying an additional 1,202 shares during the last quarter. Finally, VSM Wealth Advisory LLC grew its position in shares of Global X MLP & Energy Infrastructure ETF by 902.0% during the second quarter. VSM Wealth Advisory LLC now owns 1,493 shares of the company’s stock worth $94,000 after buying an additional 1,344 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Stock Performance

MLPX opened at $65.35 on Friday. The company has a market capitalization of $2.85 billion, a P/E ratio of 19.10 and a beta of 0.79. The company has a 50-day moving average of $61.06 and a 200-day moving average of $60.71. Global X MLP & Energy Infrastructure ETF has a 1-year low of $53.54 and a 1-year high of $66.08.

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.