Consolidation Sparks Activity in MLP ETFs
This article was originally published on ETFTrends.com.
The Alerian MLP ETF (NYSEArca: AMLP), the largest MLP-related exchange traded fund, and rival MLP ETFs saw increased activity to start amid deal-making in the sector. On Aug. 1, Energy Transfer Equity LP (NYSE: ETE) said it is buying Energy Transfer Partners LP (NYSE: ETP) for $27.5 billion. Units of Energy Transfer Partners, the firm being [...]