UBS ETRACS NYSE Pickens Core Midstream Index ETN (PYPE)
UBS ETRACS NYSE Pickens Core Midstream Index ETN operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $21.56, down 1.01% on the session, giving a market capitalisation of $4.2M. Its beta of 0.89 implies it has historically moved less than the broad market.
These senior, unsecured medium-term debt instruments, issued by UBS, offer returns directly tied to the performance of a specific underlying index. Throughout their term, these notes may distribute payments to investors on a quarterly basis. The index itself monitors the financial performance of U.S. midstream energy enterprises, tracking both the common stock of corporations and the units of Master Limited Partnerships (MLPs), without favoring any particular entity structure.
UBS ETRACS NYSE Pickens Core Midstream Index ETN is most often compared with the following Financial Services names: