Second MLP ETF Debuts (YMLP)

Tuesday marks the first day of trading for the Yorkville High Income MLP ETF (YMLP), the first ETF to be launched through the turnkey ETF solution offered by Exchange Traded Concepts. The new ETF is the eighth ETP to offer exposure to MLPs, a corner of the domestic energy market that has seen a significant increase in interest from investors in recent years. The new ETF will seek to replicate an index that consists of Master Limited Partnerships (MLPs) generally engaged in the storage and transport of natural gas and petroleum-based fuels. YMLP is the first ETF to be launched by Exchange-Traded Concepts, an entity that arose from a group of executives who had previously launched ETFs under the FaithShares brand. Those products, which offered exposure to portfolios constructed in compliance with the principles of various religions denominations, never generated much interest or assets. Upon shuttering the ETFs, the company transitioned [...] Click here to read the original article on ETFdb.com. Related Posts: The Best Dividend ETFs Aren’t Dividend ETFs At All Talking MLP ETFs With Kenny Feng Of Alerian Morgan Stanley Debuts High Yield MLP ETN MLP Exposure: ETF or ETN? UBS Debuts Wells Fargo MLP ETN (MLPW)