Commerce Bank bought a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 215,172 shares of the company’s stock, valued at approximately $6,879,000.
Several other institutional investors also recently bought and sold shares of the company. Kayne Anderson Capital Advisors LP purchased a new stake in Kinder Morgan Canada during the second quarter worth about $297,670,000. Advisors Capital Management LLC acquired a new position in shares of Kinder Morgan Canada in the second quarter valued at approximately $97,668,000. Bruni J V & Co. Co. acquired a new position in shares of Kinder Morgan Canada in the second quarter valued at approximately $45,364,663,000. Korea Investment CORP purchased a new stake in Kinder Morgan Canada during the 2nd quarter worth approximately $40,983,000. Finally, Ieq Capital LLC purchased a new stake in Kinder Morgan Canada during the 2nd quarter worth approximately $13,994,000.
Kinder Morgan Canada Stock Performance
Kinder Morgan Canada stock opened at $10.88 on Monday. Kinder Morgan Canada Limited has a 52-week low of $8.05 and a 52-week high of $35.53. The company’s 50 day moving average is $10.88 and its two-hundred day moving average is $10.88.
About Kinder Morgan Canada
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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