Barings Participation Investors (NYSE:MPV) Stock Passes Below 200 Day Moving Average – Time to Sell?

Shares of Barings Participation Investors (NYSE:MPV) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.70 and traded as low as $16.15. Barings Participation Investors shares last traded at $16.76, with a volume of 16,396 shares changing hands.

Barings Participation Investors Price Performance

The company’s 50-day simple moving average is $16.38 and its two-hundred day simple moving average is $16.70.

Hedge Funds Weigh In On Barings Participation Investors

A number of institutional investors have recently bought and sold shares of MPV. Schwallier Wealth Management LLC increased its position in Barings Participation Investors by 2.2% in the fourth quarter. Schwallier Wealth Management LLC now owns 42,975 shares of the financial services provider’s stock worth $734,000 after buying an additional 929 shares in the last quarter. MML Investors Services LLC raised its stake in Barings Participation Investors by 9.4% during the 3rd quarter. MML Investors Services LLC now owns 12,797 shares of the financial services provider’s stock worth $217,000 after acquiring an additional 1,097 shares during the period. Noble Wealth Management PBC bought a new position in shares of Barings Participation Investors in the fourth quarter worth approximately $34,000. Jones Financial Companies Lllp increased its stake in shares of Barings Participation Investors by 12.9% in the fourth quarter. Jones Financial Companies Lllp now owns 20,484 shares of the financial services provider’s stock worth $350,000 after purchasing an additional 2,348 shares in the last quarter. Finally, Barings LLC lifted its stake in shares of Barings Participation Investors by 1.1% during the 4th quarter. Barings LLC now owns 271,316 shares of the financial services provider’s stock valued at $4,637,000 after buying an additional 2,936 shares in the last quarter.

Barings Participation Investors Company Profile

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers.