In trading on Thursday, shares of Magellan Midstream Partners LP (Symbol: MMP) crossed below their 200 day moving average of $69.12, changing hands as low as $68.74 per share. Magellan Midstream Partners LP shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of MMP shares, versus its 200 day moving average:
Looking at the chart above, MMP's low point in its 52 week range is $54.51 per share, with $77.45 as the 52 week high point - that compares with a last trade of $68.95.
According to the ETF Finder at ETF Channel, MMP makes up 7.01% of the MLP ETF (Symbol: MLPA) which is trading lower by about 1.2% on the day Thursday.