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

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

Barclays ETN+ Select MLP ETNs Stock Down 0.3 %

The firm has a 50 day moving average of $30.43 and a 200 day moving average of $28.69.

Barclays ETN+ Select MLP ETNs Cuts Dividend

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

Hedge Funds Weigh In On Barclays ETN+ Select MLP ETNs

Several large investors have recently modified their holdings of ATMP. CIBC Private Wealth Group LLC grew its holdings in Barclays ETN+ Select MLP ETNs by 0.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 15,099,522 shares of the company’s stock valued at $445,134,000 after buying an additional 134,580 shares in the last quarter. Blair William & Co. IL purchased a new position in Barclays ETN+ Select MLP ETNs during the fourth quarter valued at approximately $435,000. Orion Portfolio Solutions LLC increased its holdings in Barclays ETN+ Select MLP ETNs by 20.1% during the 4th quarter. Orion Portfolio Solutions LLC now owns 70,407 shares of the company’s stock worth $1,991,000 after acquiring an additional 11,781 shares during the period. Raymond James Financial Inc. bought a new position in Barclays ETN+ Select MLP ETNs in the 4th quarter valued at $306,000. Finally, Battery Global Advisors LLC grew its position in shares of Barclays ETN+ Select MLP ETNs by 14.7% during 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.

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.