North Star Investment Management Corp. Purchases 97,922 Shares of Westwood Salient Enhanced Midstream Income ETF $MDST

North Star Investment Management Corp. boosted its position in shares of Westwood Salient Enhanced Midstream Income ETF (NYSEARCA:MDST) by 136.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 169,686 shares of the company’s stock after purchasing an additional 97,922 shares during the period. North Star Investment Management Corp.’s holdings in Westwood Salient Enhanced Midstream Income ETF were worth $4,853,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Miller Global Investments LLC acquired a new position in shares of Westwood Salient Enhanced Midstream Income ETF in the 4th quarter valued at approximately $3,022,000. Parallel Advisors LLC bought a new stake in shares of Westwood Salient Enhanced Midstream Income ETF during the 4th quarter worth approximately $148,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of Westwood Salient Enhanced Midstream Income ETF by 34.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 174,236 shares of the company’s stock worth $4,603,000 after acquiring an additional 44,896 shares in the last quarter.

Westwood Salient Enhanced Midstream Income ETF Price Performance

Shares of NYSEARCA:MDST opened at $29.45 on Monday. The company’s 50 day simple moving average is $29.03 and its 200 day simple moving average is $28.12. The stock has a market capitalization of $248.26 million, a price-to-earnings ratio of 19.79 and a beta of 0.24. Westwood Salient Enhanced Midstream Income ETF has a 1 year low of $24.93 and a 1 year high of $30.43.

About Westwood Salient Enhanced Midstream Income ETF

The Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that invests in midstream North American companies and US master limited partnerships (MLPs). In addition, the fund enhances income through covered call options. MDST was launched on Apr 9, 2024 and is issued by Westwood.