Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) Stock Price Down 0.3% – What’s Next?

Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) dropped 0.3% during trading on Tuesday . The company traded as low as $30.75 and last traded at $30.77. Approximately 11,903 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 47,387 shares. The stock had previously closed at $30.87.

Barclays ETN+ Select MLP ETNs Stock Performance

The company’s 50-day simple moving average is $30.44 and its 200-day simple moving average is $28.71.

Barclays ETN+ Select MLP ETNs Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 3rd were issued a $0.3184 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Investors Weigh In On Barclays ETN+ Select MLP ETNs

Several institutional investors and hedge funds have recently made changes to their positions in ATMP. Orion Portfolio Solutions LLC increased its holdings in shares of Barclays ETN+ Select MLP ETNs by 1.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 58,626 shares of the company’s stock worth $1,523,000 after buying an additional 579 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Barclays ETN+ Select MLP ETNs in the fourth quarter worth $50,000. Raymond James Financial Inc. purchased a new position in shares of Barclays ETN+ Select MLP ETNs in the 4th quarter valued at $306,000. Battery Global Advisors LLC increased its holdings in Barclays ETN+ Select MLP ETNs by 14.7% in the 4th quarter. Battery Global Advisors LLC now owns 43,797 shares of the company’s stock valued at $1,239,000 after purchasing an additional 5,600 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Barclays ETN+ Select MLP ETNs by 29.4% in the fourth quarter. Cerity Partners LLC now owns 19,781 shares of the company’s stock valued at $559,000 after buying an additional 4,490 shares in the last quarter.

About Barclays ETN+ Select MLP ETNs

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.