Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) Trading 0.2% Higher – Should You Buy?

Shares of Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) traded up 0.2% during trading on Monday . The stock traded as high as $27.09 and last traded at $27.04. 15,172 shares were traded during mid-day trading, a decline of 69% from the average session volume of 48,236 shares. The stock had previously closed at $26.98.

Barclays ETN+ Select MLP ETNs Price Performance

The business has a 50-day simple moving average of $25.97 and a two-hundred day simple moving average of $25.16.

Barclays ETN+ Select MLP ETNs Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Wednesday, August 28th were issued a $0.3344 dividend. The ex-dividend date of this dividend was Wednesday, August 28th.

Institutional Trading of Barclays ETN+ Select MLP ETNs

Several hedge funds have recently modified their holdings of ATMP. River Street Advisors LLC bought a new position in shares of Barclays ETN+ Select MLP ETNs in the first quarter valued at about $443,000. Callan Capital LLC bought a new position in shares of Barclays ETN+ Select MLP ETNs in the second quarter worth about $707,000. Battery Global Advisors LLC acquired a new position in shares of Barclays ETN+ Select MLP ETNs during the second quarter worth approximately $1,200,000. Finally, Orion Portfolio Solutions LLC grew its stake in shares of Barclays ETN+ Select MLP ETNs by 0.7% during the first quarter. Orion Portfolio Solutions LLC now owns 57,338 shares of the company’s stock valued at $1,384,000 after purchasing an additional 417 shares during the last quarter.

Barclays ETN+ Select MLP ETNs Company Profile

The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.