Thor Investment Management Inc. OH ADV Sells 35,164 Shares of Global X MLP & Energy Infrastructure ETF $MLPX

Thor Investment Management Inc. OH ADV trimmed its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 24.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 108,664 shares of the company’s stock after selling 35,164 shares during the quarter. Global X MLP & Energy Infrastructure ETF comprises about 4.4% of Thor Investment Management Inc. OH ADV’s investment portfolio, making the stock its 5th biggest position. Thor Investment Management Inc. OH ADV’s holdings in Global X MLP & Energy Infrastructure ETF were worth $7,587,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nottingham Advisors Inc. increased its stake in Global X MLP & Energy Infrastructure ETF by 51.6% in the 1st quarter. Nottingham Advisors Inc. now owns 88,333 shares of the company’s stock worth $6,531,000 after acquiring an additional 30,056 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in shares of Global X MLP & Energy Infrastructure ETF during the 2nd quarter worth approximately $701,000. Fiduciary Alliance LLC raised its holdings in shares of Global X MLP & Energy Infrastructure ETF by 12.6% during the 1st quarter. Fiduciary Alliance LLC now owns 120,491 shares of the company’s stock worth $8,524,000 after acquiring an additional 13,478 shares in the last quarter. Tenet Wealth Partners LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 2nd quarter valued at approximately $1,933,000. Finally, Lido Advisors LLC bought a new position in shares of Global X MLP & Energy Infrastructure ETF during the 1st quarter valued at approximately $822,000.

Global X MLP & Energy Infrastructure ETF Price Performance

Shares of NYSEARCA MLPX traded up $0.72 during midday trading on Tuesday, reaching $73.55. 405,290 shares of the stock traded hands, compared to its average volume of 407,666. The company’s 50 day moving average is $73.82 and its 200 day moving average is $73.94. Global X MLP & Energy Infrastructure ETF has a one year low of $57.66 and a one year high of $78.36. The stock has a market capitalization of $3.59 billion, a PE ratio of 19.10 and a beta of 0.63.

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.