UBS ETRACS Alerian MLP Infrastructure Index ETN (NYSEARCA:MLPI – Get Free Report)’s share price traded up 0.1% on Thursday . The company traded as high as $54.61 and last traded at $54.46. Approximately 287,849 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 326,628 shares. The stock had previously closed at $54.41.
UBS ETRACS Alerian MLP Infrastructure Index ETN Stock Performance
The firm’s 50-day simple moving average is $54.90 and its two-hundred day simple moving average is $55.52.
Hedge Funds Weigh In On UBS ETRACS Alerian MLP Infrastructure Index ETN
A hedge fund recently bought a new stake in UBS ETRACS Alerian MLP Infrastructure Index ETN stock. Worth Asset Management LLC acquired a new position in UBS ETRACS Alerian MLP Infrastructure Index ETN (NYSEARCA:MLPI – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,955 shares of the company’s stock, valued at approximately $218,000.
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