ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR)
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $71.37, down 2.04% on the session, giving a market capitalisation of $14.5M. Its beta of 0.55 implies it has historically moved less than the broad market.
This index tracks the collective performance of Master Limited Partnerships (MLPs) focused on the energy sector. S&P calculates its value, employing a methodology that is capped, adjusted for public float, and weighted by market capitalization. The companies included in this index primarily derive their cash flow from eligible midstream operations involving various energy commodities.
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN is most often compared with the following Financial Services names: