BP Capital Fund Advisors LLC increased its position in Antero Midstream GP LP (NYSE:AMGP) by 10.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 323,715 shares of the company’s stock after acquiring an additional 31,350 shares during the quarter. Antero Midstream GP comprises 2.7% of BP Capital Fund Advisors LLC’s investment portfolio, making the stock its 12th largest holding. BP Capital Fund Advisors LLC owned approximately 0.17% of Antero Midstream GP worth $3,710,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brookfield Asset Management Inc. increased its holdings in Antero Midstream GP by 7.9% in the 2nd quarter. Brookfield Asset Management Inc. now owns 13,326 shares of the company’s stock worth $153,000 after acquiring an additional 972 shares during the last quarter. Balyasny Asset Management LLC purchased a new stake in Antero Midstream GP in the 2nd quarter worth about $122,000. Invesco Ltd. increased its holdings in Antero Midstream GP by 15,128.1% in the 2nd quarter. Invesco Ltd. now owns 21,831,052 shares of the company’s stock worth $250,185,000 after acquiring an additional 21,687,692 shares during the last quarter. Vanguard Group Inc. increased its holdings in Antero Midstream GP by 2,833.7% in the 2nd quarter. Vanguard Group Inc. now owns 23,322,462 shares of the company’s stock worth $267,276,000 after acquiring an additional 22,527,464 shares during the last quarter. Finally, Cohen & Steers Inc. increased its holdings in Antero Midstream GP by 5.8% in the 2nd quarter. Cohen & Steers Inc. now owns 3,695,341 shares of the company’s stock worth $42,349,000 after acquiring an additional 204,069 shares during the last quarter. 78.40% of the stock is owned by institutional investors.
The firm has a fifty day moving average of $12.54. Antero Midstream GP LP has a twelve month low of $10.12 and a twelve month high of $19.91. The company has a market cap of $2.34 billion, a PE ratio of 38.00 and a beta of 1.80.
Antero Midstream GP LP owns, operates, and develops midstream energy assets in the Marcellus and Utica Shales in West Virginia and Ohio. Its assets consist of gathering pipelines, compressor stations, interests in processing and fractionation plants, and water handling and treatment assets, which provide midstream services to Antero Resources Corporation under long term fixed fee contracts.
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