Korea Investment CORP purchased a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,281,935 shares of the company’s stock, valued at approximately $40,983,000.
Several other institutional investors also recently modified their holdings of the business. Kayne Anderson Capital Advisors LP acquired a new stake in Kinder Morgan Canada in the second quarter valued at $297,670,000. Advisors Capital Management LLC bought a new position in Kinder Morgan Canada during the 2nd quarter worth $97,668,000. Bruni J V & Co. Co. acquired a new position in Kinder Morgan Canada during the 2nd quarter worth about $45,364,663,000. Ieq Capital LLC acquired a new position in Kinder Morgan Canada during the 2nd quarter worth about $13,994,000. Finally, Heartland Advisors Inc. acquired a new position in Kinder Morgan Canada during the 2nd quarter worth about $10,634,000.
Kinder Morgan Canada Stock Performance
OTCMKTS KMLGF opened at $10.88 on Friday. The business’s 50-day moving average price is $10.88 and its two-hundred day moving average price is $10.88. Kinder Morgan Canada Limited has a 12 month low of $8.05 and a 12 month high of $35.53.
Kinder Morgan Canada Company Profile
Kinder Morgan Canada (OTCMKTS: KMLGF) is a leading energy infrastructure company in Canada, specializing in the transportation and storage of crude oil, refined petroleum products and natural gas liquids. As a subsidiary of Kinder Morgan, Inc, the company operates an extensive network of pipelines and terminals that serve oil producers, refiners and exporters across Western Canada and the Pacific Northwest. Its core business centers on safe, reliable and cost-effective movement of hydrocarbons from production areas in Alberta to domestic markets and coastal export terminals.
The company’s pipeline portfolio includes the Trans Mountain system, which runs from Alberta’s oil sands region to the British Columbia coast, the Cochin pipeline linking Canadian supply hubs with U.S.
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