Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) Trading 0.4% Higher

Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) shares traded up 0.4% during trading on Friday . The company traded as high as $25.16 and last traded at $25.10. 27,640 shares changed hands during trading, a decline of 57% from the average session volume of 64,236 shares. The stock had previously closed at $24.99.

Barclays ETN+ Select MLP ETNs Price Performance

The firm’s 50-day simple moving average is $24.48 and its 200 day simple moving average is $23.14.

Barclays ETN+ Select MLP ETNs Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, June 6th. Stockholders of record on Wednesday, May 29th were paid a dividend of $0.3398 per share. This is an increase from Barclays ETN+ Select MLP ETNs’s previous dividend of $0.31. The ex-dividend date was Wednesday, May 29th.

Hedge Funds Weigh In On Barclays ETN+ Select MLP ETNs

Several hedge funds have recently bought and sold shares of ATMP. Arlington Trust Co LLC purchased a new stake in Barclays ETN+ Select MLP ETNs during the fourth quarter valued at about $376,000. River Street Advisors LLC bought a new position in Barclays ETN+ Select MLP ETNs during the 1st quarter worth approximately $443,000. Orion Portfolio Solutions LLC increased its stake in Barclays ETN+ Select MLP ETNs by 1.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 56,921 shares of the company’s stock worth $1,230,000 after purchasing an additional 713 shares during the period. Exencial Wealth Advisors LLC lifted its position in Barclays ETN+ Select MLP ETNs by 1.6% in the fourth quarter. Exencial Wealth Advisors LLC now owns 252,153 shares of the company’s stock valued at $5,416,000 after purchasing an additional 3,887 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of Barclays ETN+ Select MLP ETNs by 1.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 11,723,982 shares of the company’s stock valued at $251,831,000 after purchasing an additional 128,215 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.