Cibc World Market Inc. Invests $30.86 Million in Kinder Morgan Canada Limited $KMLGF

Cibc World Market Inc. purchased a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 965,435 shares of the company’s stock, valued at approximately $30,865,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Gables Capital Management Inc. purchased a new stake in Kinder Morgan Canada during the second quarter worth about $1,444,000. Diversify Advisory Services LLC bought a new stake in shares of Kinder Morgan Canada in the 2nd quarter worth approximately $1,460,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Kinder Morgan Canada in the 2nd quarter worth approximately $49,000. Compass Wealth Management LLC purchased a new position in Kinder Morgan Canada in the second quarter valued at approximately $3,847,000. Finally, Amplify Investments LLC purchased a new position in Kinder Morgan Canada in the second quarter valued at approximately $512,000.

Kinder Morgan Canada Price Performance

Shares of KMLGF opened at $10.88 on Monday. The business has a 50-day moving average of $10.88 and a 200 day moving average of $10.88. Kinder Morgan Canada Limited has a fifty-two week low of $8.05 and a fifty-two week high of $35.53.

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.