MLP ETFs Climb as IFM Investor Buys Out Buckeye Partners
This article was originally published on ETFTrends.com.
Master limited partnerships and energy infrastructure sector-related exchange traded funds stood out Friday after Australian-based IFM Investors agreed to buyout Buckeye Partners (NYSE: BPL) for $6.5 billion. Among the best performing non-leveraged ETFs of Friday, 6.1%, ALPS Alerian MLP ETF (NYSEArca: AMLP) increased 3.3%, UBS ETRACS Alerian MLP Infrastructure Index ETN (NYSEArca: MLPI) advanced 3.6% [...]