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Globe Newswire (Thu, 17-Sep 8:00 AM ET)
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Westwood Salient Enhanced Energy Income ETF (WEEI) Surpasses $100 Million in Assets
Globe Newswire (Thu, 13-Aug 8:00 AM ET)
The Westwood Salient Enhanced Midstream Income ETF (the "Fund") seeks to provide current income and capital appreciation. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream (as defined below) North American corporations and Midstream U.S. master limited partnerships ("MLPs") (collectively, "Midstream Investments"). MLPs are limited partnerships and limited liability companies that are publicly traded and are treated as partnerships for federal income tax purposes. The units for these entities are listed and traded on a U.S. securities exchange. The Fund invests in equity securities, such as common units and common shares, in Midstream Investments. Midstream companies own and operate the logistical assets used in the energy sector engaged in the treating, gathering, compression, processing, transmission and storage of natural gas and the transportation, fractionation and storage of natural gas liquids (primarily propane, ethane, butane and natural gasoline.
Westwood Salient Enhanced Midstream Income ETF trades on the NYSE stock market under the symbol MDST.
As of September 21, 2026, MDST stock price declined to $29.03 with 117,042 million shares trading.
MDST has a beta of -0.38, meaning it tends to be less sensitive to market movements. MDST has a correlation of 0.11 to the broad based SPY ETF.
MDST has a market cap of $297.56 million. This is considered a Small Cap stock.
MDST has underperformed the market in the last year with a price return of +17.6% while the SPY ETF gained +18.4%. However, in the short term, MDST had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.0% vs +3.8% return in SPY. But in the last 2 weeks, MDST shares have been beat by the market, returning -1.7% compared to an SPY return of +0.6%.
MDST support price is $28.89 and resistance is $29.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MDST shares will trade within this expected range on the day.