Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) Trading Up 0% – Should You Buy?

Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP)’s share price shot up 0% during mid-day trading on Monday . The stock traded as high as $29.36 and last traded at $28.93. 60,103 shares changed hands during trading, an increase of 68% from the average session volume of 35,768 shares. The stock had previously closed at $28.92.

Barclays ETN+ Select MLP ETNs Stock Up 0.0 %

The business’s 50 day simple moving average is $28.49 and its 200 day simple moving average is $26.77.

Barclays ETN+ Select MLP ETNs Increases Dividend

The business also recently declared a dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 29th were given a $0.3511 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is a boost from Barclays ETN+ Select MLP ETNs’s previous dividend of $0.33.

Institutional Investors Weigh In On Barclays ETN+ Select MLP ETNs

Large investors have recently modified their holdings of the stock. Callan Capital LLC acquired a new position in shares of Barclays ETN+ Select MLP ETNs during the second quarter worth about $707,000. Battery Global Advisors LLC purchased a new stake in Barclays ETN+ Select MLP ETNs in the 2nd quarter valued at approximately $1,200,000. Finally, Orion Portfolio Solutions LLC increased its position in 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 purchasing an additional 579 shares during the period.

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.