Stifel Financial Corp reduced its position in Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 233,015 shares of the financial services provider’s stock after selling 3,027 shares during the quarter. Stifel Financial Corp’s holdings in Kayne Anderson MLP Midstream Invstmnt were worth $3,207,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of KYN. Wells Fargo & Company MN lifted its position in Kayne Anderson MLP Midstream Invstmnt by 73.5% in the third quarter. Wells Fargo & Company MN now owns 969,942 shares of the financial services provider’s stock worth $17,314,000 after purchasing an additional 411,012 shares during the period. Signature Estate & Investment Advisors LLC lifted its position in Kayne Anderson MLP Midstream Invstmnt by 87.9% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 826,274 shares of the financial services provider’s stock worth $11,370,000 after purchasing an additional 386,575 shares during the period. HITE Hedge Asset Management LLC lifted its position in Kayne Anderson MLP Midstream Invstmnt by 204.0% in the fourth quarter. HITE Hedge Asset Management LLC now owns 500,110 shares of the financial services provider’s stock worth $6,882,000 after purchasing an additional 335,600 shares during the period. Morgan Stanley lifted its position in Kayne Anderson MLP Midstream Invstmnt by 3.9% in the third quarter. Morgan Stanley now owns 5,892,291 shares of the financial services provider’s stock worth $105,177,000 after purchasing an additional 220,205 shares during the period. Finally, NINE MASTS CAPITAL Ltd bought a new position in Kayne Anderson MLP Midstream Invstmnt in the third quarter worth $3,643,000.

In related news, Director William H. Shea, Jr. acquired 2,000 shares of the business’s stock in a transaction on Friday, December 28th. The stock was bought at an average cost of $12.75 per share, with a total value of $25,500.00. Following the completion of the acquisition, the director now owns 10,219 shares in the company, valued at $130,292.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Alan Boswell sold 2,407 shares of Kayne Anderson MLP Midstream Invstmnt stock in a transaction on Tuesday, February 26th. The shares were sold at an average price of $15.69, for a total value of $37,765.83. Following the transaction, the vice president now directly owns 3,018 shares of the company’s stock, valued at $47,352.42. The disclosure for this sale can be found here.

Shares of NYSE KYN traded up $0.05 during midday trading on Wednesday, reaching $15.89. 35,276 shares of the company traded hands, compared to its average volume of 606,185. Kayne Anderson MLP Midstream Invstmnt Co has a 12 month low of $12.26 and a 12 month high of $19.85.

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About Kayne Anderson MLP Midstream Invstmnt

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.

Further Reading: NASDAQ Stock Market Explained

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Institutional Ownership by Quarter for Kayne Anderson MLP Midstream Invstmnt (NYSE:KYN)

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