I was quite surprised to see tha pps decline as it has over the past few days. If the latest capital raise did not occur I would think the decline would be a premonition of that. But since capital has been raised I am surprised in the light of increments in prices in other equally rated MLP's.
Perhaps ETP will get a lift in anticipation of the dividend in the next week or so. It currently produces a nice return and buyers at these levels would do well with stock appreciation to boot.
MLPs have all gone up big amounts. Suggest you need to think longer term. Also many do not want the distribution on MLPs (they do not pay dividends) since it reduces their basis. Also historically they go down more after the ex date. No idea why.