Thrivent Financial for Lutherans Cuts Position in Global X MLP & Energy Infrastructure ETF $MLPX

Thrivent Financial for Lutherans lessened its holdings in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 27.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,599 shares of the company’s stock after selling 26,132 shares during the period. Thrivent Financial for Lutherans owned approximately 0.16% of Global X MLP & Energy Infrastructure ETF worth $4,169,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MLPX. Two Sigma Investments LP purchased a new position in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $26,344,000. Bank of America Corp DE raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 12.8% in the 2nd quarter. Bank of America Corp DE now owns 2,446,860 shares of the company’s stock worth $153,320,000 after purchasing an additional 277,692 shares during the period. GenTrust LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 34.9% in the 4th quarter. GenTrust LLC now owns 368,431 shares of the company’s stock worth $22,331,000 after purchasing an additional 95,232 shares during the period. Warner Group LLC bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $5,741,000. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter worth approximately $4,663,000.

Global X MLP & Energy Infrastructure ETF Trading Up 1.1%

NYSEARCA:MLPX opened at $77.33 on Friday. The stock has a market capitalization of $3.60 billion, a PE ratio of 19.10 and a beta of 0.60. The firm’s 50 day moving average is $73.49 and its 200 day moving average is $66.89. Global X MLP & Energy Infrastructure ETF has a 12 month low of $57.66 and a 12 month high of $78.36.

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.