Rational Advisors Inc. Decreases Stock Holdings in Global X MLP & Energy Infrastructure ETF $MLPX

Rational Advisors Inc. reduced its position in Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) by 3.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 783,498 shares of the company’s stock after selling 24,517 shares during the quarter. Global X MLP & Energy Infrastructure ETF comprises about 4.9% of Rational Advisors Inc.’s portfolio, making the stock its 4th largest holding. Rational Advisors Inc.’s holdings in Global X MLP & Energy Infrastructure ETF were worth $47,425,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in 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 valued at $153,320,000 after buying an additional 277,692 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 9,626.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,392,414 shares of the company’s stock valued at $144,813,000 after purchasing an additional 2,367,818 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 3rd quarter valued at approximately $26,344,000. Advisory Alpha LLC boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 5.0% in the 3rd quarter. Advisory Alpha LLC now owns 416,546 shares of the company’s stock valued at $25,898,000 after purchasing an additional 19,883 shares in the last quarter. Finally, Payne Capital Management LLC boosted its stake in shares of Global X MLP & Energy Infrastructure ETF by 1.9% in the 4th quarter. Payne Capital Management LLC now owns 411,815 shares of the company’s stock valued at $24,927,000 after purchasing an additional 7,697 shares in the last quarter.

Global X MLP & Energy Infrastructure ETF Trading Up 2.0%

MLPX opened at $73.50 on Wednesday. The company’s 50 day moving average is $73.68 and its 200-day moving average is $67.60. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $78.36. The company has a market cap of $3.42 billion, a P/E ratio of 19.10 and a beta of 0.60.

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.