Shikiar Asset Management Inc Exits Position in Williams Partners LP (WPZ)

Williams Partners LP (WPZ) : Shikiar Asset Management Inc has sold out all of its stake in Williams Partners LP during the most recent quarter, according to the disclosure filed by the company on Apr 21, 2016 with the SEC. The investment management company has sold out 7,962 shares of Williams Partners LP which is valued at $230,580.

Williams Partners LP opened for trading at $28.91 and hit $30.12 on the upside on Wednesday, eventually ending the session at $29.52, with a gain of 4.13% or 1.17 points. The heightened volatility saw the trading volume jump to 25,69,020 shares. Company has a market cap of $17,827 M.

Other Hedge Funds, Including , Carnegie Capital Asset Management sold out all of its stake in WPZ during the most recent quarter. The investment firm sold 9,759 shares of WPZ which is valued $241,926. Edge Wealth Management sold out all of its stake in WPZ during the most recent quarter. The investment firm sold 905 shares of WPZ which is valued $20,462.

Williams Partners L.P. formerly Access Midstream Partners L.P. owns operates develops and acquires natural gas natural gas liquids (NGLs) and oil gathering systems and other midstream energy assets. The Company’s business segments include Access Midstream Northeast G&P Atlantic-Gulf West and NGL & Petchem Services. The Access Midstream segment provides gathering treating and compression services to producers. The Northeast G&P segment includes natural gas gathering and processing and NGL fractionation businesses. Atlantic-Gulf segment includes its interstate natural gas pipeline Transcontinental Gas Pipeline Company LLC (Transco) and natural gas gathering and processing and crude oil production handling and transportation. The NGL & Petchem Services segment includes its 88.5% interest in an olefins production facility in Geismar Louisiana along with an RGP Splitter and various petrochemical and feedstock pipelines.

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