Notable companies
The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Plains All American Pipeline LP (NASDAQ:PAA).
Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Infrastructure Index ("underlying index").
The fund invests at least 80% of its total assets in the securities of the underlying index. Moreover, at least 80% of the fund's total assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the performance of the energy infrastructure MLP asset class in the United States. The fund is non-diversified.
Market Cap
The average market capitalization across the Global X MLP ETF ETF is 12.92B. The market cap for tickers in the group ranges from 2.35M to 63.68B. EPD holds the highest valuation in this group at 63.68B. The lowest valued company is USDP at 2.35M.
High and low price notable news
The average weekly price growth across all stocks in the Global X MLP ETF ETF was 4%. For the same ETF, the average monthly price growth was 8%, and the average quarterly price growth was 14%. USDP experienced the highest price growth at 49%, while GEL experienced the biggest fall at -0%.
Volume
The average weekly volume growth across all stocks in the Global X MLP ETF ETF was 20%. For the same stocks of the ETF, the average monthly volume growth was 139% and the average quarterly volume growth was 59%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 24
P/E Growth Rating: 51
Price Growth Rating: 46
SMR Rating: 43
Profit Risk Rating: 35
Seasonality Score: 1 (-100 ... +100)