428,374 Shares in Kinder Morgan Canada Limited $KMLGF Bought by Infrastructure Capital Advisors LLC

Infrastructure Capital Advisors LLC acquired a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 428,374 shares of the company’s stock, valued at approximately $13,695,000. Kinder Morgan Canada accounts for 0.8% of Infrastructure Capital Advisors LLC’s investment portfolio, making the stock its 26th largest holding.

Several other hedge funds have also bought and sold shares of the business. Addison Advisors LLC bought a new stake in Kinder Morgan Canada during the 2nd quarter worth approximately $37,000. Rakuten Securities Inc. bought a new position in Kinder Morgan Canada during the second quarter valued at about $38,000. BOK Financial Private Wealth Inc. bought a new position in shares of Kinder Morgan Canada during the 2nd quarter valued at approximately $49,000. Keating Financial Advisory Services Inc. bought a new position in Kinder Morgan Canada during the second quarter worth about $58,000. Finally, Hara Capital LLC purchased a new position in Kinder Morgan Canada in the 2nd quarter valued at approximately $201,000.

Kinder Morgan Canada Price Performance

Kinder Morgan Canada stock opened at $10.88 on Monday. The firm’s 50 day simple moving average is $10.88 and its 200 day simple moving average is $10.88. Kinder Morgan Canada Limited has a 1-year low of $8.05 and a 1-year 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.