UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (NYSEARCA:LMLP – Get Free Report) traded up 4.9% during mid-day trading on Wednesday . The company traded as high as $3.28 and last traded at $2.99. 40,200 shares were traded during mid-day trading, an increase of 32% from the average session volume of 30,370 shares. The stock had previously closed at $2.85.
UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Stock Up 4.9 %
The stock’s 50-day moving average price is $2.99 and its 200 day moving average price is $3.00.
UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Company Profile
The investment seeks a return linked to the monthly compounded 2x leveraged performance of Wells Fargo Master Limited Partnership Ex-Energy Index, less investor fees. The index is intended to measure the performance of all non-energy master limited partnerships (“MLPs”) listed on the New York Stock Exchange (“NYSE”), NYSE MKT or NASDAQ that satisfy market capitalization and other eligibility requirements.
Further Reading
- Five stocks we like better than UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN
- What Investors Need to Know About Upcoming IPOs
- The Outlook for Interest Rate Cuts Got Blown Out of the Water
- What is the S&P 500 and How It is Distinct from Other Indexes
- 3 High-Risk, High-Reward Micro-Cap Stocks You Shouldn’t Ignore
- Why Invest in 5G? How to Invest in 5G Stocks
- 3 Bargain Stocks Positioned for Gains After Missing 2024’s Rally
Receive News & Ratings for UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN and related companies with MarketBeat.com's FREE daily email newsletter.