(ATMP) Barclays ETN+ Select MLP - Ratings and Ratios

The Barclays ETN+ Select MLP ETN (BATS: ATMP) is designed to provide exposure to a diversified portfolio of master limited partnerships (MLPs), limited liability companies (LLCs), and corporations that operate in the energy sector. These MLPs are selected based on the Atlantic Trust Select MLP Strategy, which focuses on identifying high-quality MLPs with strong fundamentals and growth potential. The strategy emphasizes a combination of current income and capital appreciation, making it attractive to income-seeking investors who also want exposure to the energy sector.

The ETN tracks the performance of the Atlantic Trust Select MLP Index, which includes a basket of MLPs involved in energy infrastructure, such as pipelines, storage facilities, and transportation services. These MLPs play a critical role in the production, transportation, and distribution of energy commodities. By investing in this ETN, investors gain access to a diversified portfolio of MLPs without directly holding the individual securities.

From a technical perspective, the ATMP ETN is currently trading at $30.25, with a 20-day moving average of $30.53 and a 50-day moving average of $29.80. The 200-day moving average stands at $26.75, indicating a steady upward trend over the past year. The Average True Range (ATR) of $0.52 suggests relatively low volatility, making it a stable investment option for risk-averse investors. The average daily trading volume of 57,274 shares provides sufficient liquidity for investors to enter and exit positions without significantly impacting the price.

On the fundamental side, the ETN has an asset base of $533.22 million, which is substantial enough to ensure liquidity and stability. This size also reflects investor confidence in the MLP sector and the ETNs ability to track its underlying index effectively.