UBS ETRACS Alerian Natural Gas MLP Index ETN (MLPG)
UBS ETRACS Alerian Natural Gas MLP Index ETN operates in the Asset Management industry of the Financial Services sector. The stock last traded at $12.38, down 0.84% on the session, giving a market capitalisation of $2.3M. Its beta of 2.29 implies it has historically moved more than the broad market.
This investment product is designed to closely track, after accounting for its operating expenses, the performance of the Alerian Natural Gas MLP Index. This index is an equally-weighted portfolio comprised of the 15 largest Master Limited Partnerships (MLPs) engaged in natural gas infrastructure, selected based on their market capitalization. The MLPs within this index primarily derive their cash flow from crucial midstream activities such as the transportation, storage, and processing of natural gas and natural gas liquids. Consequently, the index offers investors a valuable benchmark for evaluating the infrastructure segment of the broader natural gas sector.
UBS ETRACS Alerian Natural Gas MLP Index ETN is most often compared with the following Financial Services names: