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 Trading Up 4.9 %
The company’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
- 3 Warren Buffett Stocks to Buy Now
- S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside
- What is a Low P/E Ratio and What Does it Tell Investors?
- Nike’s Post-Earnings Drop Presents a Buying Opportunity
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Microsoft’s Targeted Upside Might Be Too Good to Ignore
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.